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Topic: What Will Be bottom Of BTC in 2022 Year ( Current Price= $16000 ) (Read 679 times)

newbie
Activity: 28
Merit: 0
$16000 is actually an outrageous number, so if you are lucky the price will really fall down to a certain point in the next 10 years. $16000 could be the lowest in 2022 that I can count, even though that might not happen and the lowest in 2028. Maybe if you look at the chart you can actually see that this price is actually starting to crash a bit in the future and it might not crash very much and that is something that we could really be waiting to see.
hero member
Activity: 2632
Merit: 833
Ok, it seems that we have the bottom for this year already, at $15,500. And currently we might end the year just above the $16,500 price point. So yes, officially this year is worst for us, many black swans like the Terra Luna and then the FTX fiasco which still up to this day, has been haunting the market as we were not able to bounce back to $18k-$20k. Just remain positive though, market might be bad, but hopefully 2023 could be different, might see some pump that will push up back to our biggest support of $20k.
legendary
Activity: 2576
Merit: 1252
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There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.
Genesis bankruptcy will truly brings bad reaction towards market (but I wish this will not happen) and there are so many things to consider so lets see if what will happen in the coming months or next 2 years till 2024.

Quote
The only hope that is pulling up is Binance recovery funds increasing through help from the industry.
but Binance is still down badly mate, though today Bitcoin steps 17k once again and looking at it the effect will scattered to whole market now or this week.

Exchangers has relative market price for cryptocurrency. The only way Binance is helping this industry is by being responsible with their funds and not contributing to what happened with FTX. Indeed the market is still down and the chances of its price to reach $20k is a bit blurry at this moment. We're only days before this year end so I guess the market value of Bitcoin will be stagnant at the range of $16k and that I think is not a bad thing not unless it would fall to $10k which could be critical not only for Bitcoin but to this industry in general. Why? Simply because it will more struggle to recover given that the next anticipated market pump wpuld be on 2024 wherein next bitcoin halving is also anticipated. So for now, as cliche as it sounds, hold and be firmed.
member
Activity: 1162
Merit: 58

There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.
Genesis bankruptcy will truly brings bad reaction towards market (but I wish this will not happen) and there are so many things to consider so lets see if what will happen in the coming months or next 2 years till 2024.

Quote
The only hope that is pulling up is Binance recovery funds increasing through help from the industry.
but Binance is still down badly mate, though today Bitcoin steps 17k once again and looking at it the effect will scattered to whole market now or this week.
legendary
Activity: 2100
Merit: 1042
HODL
The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.

I am optimistic that we might see market recovery in coming days because the main factor that caused huge increase in inflation is now trading below $80 which will certainly reduce CPI in coming months. We should continue holding our Bitcoin with patience and add more if funds are available. Technical charts are also showing that Bitcoin is trading above its pivot point ($16,357) and next resistance is at $16,661 on day chart.

The interest rate situation seems to have started to improve as inflation somewhat eased, the Fed also said that it will not continue to raise interest rates with high intensity but will instead lower rates gradually. That's a good sign, but inflation has only decreased but is not back to normal, so lowering interest rates will not have too much impact on the market. And the recent rate hike I don't see much impact on the market, I mean they can't cause bitcoin to drop much more. What could cause bitcoin to drop even further are just catastrophic crashes like FTX. Drama FTX has ended or not, still a question. So still be careful not to be too subjective, bitcoin can still fall further.
legendary
Activity: 3122
Merit: 1032
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Well in this 'bear market' I could see crypto continue to slide but not drastically. For example, I do not see BTC going below 15k. The sluggish global economy is taking a hit on BTC in the short term but I predict it will bounce back much faster than most asset classes.
Right now I suspect the war and pandemic have slowed growth down but as inflation rises in 2023, I foresee people looking to BTC as a safe haven and prices will rise.  
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.

I am optimistic that we might see market recovery in coming days because the main factor that caused huge increase in inflation is now trading below $80 which will certainly reduce CPI in coming months. We should continue holding our Bitcoin with patience and add more if funds are available. Technical charts are also showing that Bitcoin is trading above its pivot point ($16,357) and next resistance is at $16,661 on day chart.
hero member
Activity: 1498
Merit: 711
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The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.
hero member
Activity: 2730
Merit: 632
staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
Im not that expecting much that we would see 20k before this year ends but if it does then it would really be that good in the view if that do really happens but im not expecting much.
The important thing here is that the price do able to withstand or able to hold on 16k price point which i cant really tell that it is considered to be the bottom price but it is likely to be it.
If we would be sitting or moving out sideways on this price point then its not really that bad to make out some buy position as of this period.
Lets just put up into our minds that we cant just have a falling or bear market forever which means that recovery and bull run do always lies ahead.
legendary
Activity: 2534
Merit: 1338
staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
It seems that at least for now we have reached the bottom, but we cannot let our guard down, the effects of the bankruptcy of the FTX exchange are still not over, so it would not surprise me that in the next months other exchanges went down because of it, and if that is the case then there is a high possibility the price will go down again, so it is important to be careful as we do not know when this could happen and you were caught with your coins at an exchange which suddenly disappeared.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
copper member
Activity: 2254
Merit: 608
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There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.


The latest news of Binance will provide funds of around $ 1 or $ 2 billion to restore the market, I hope this will soon be realized so as to make investors optimistic with cryptocurrencies. And of course we are waiting for strict regulations to make the FTX case the last.

Not only binance but other exchanges are doing the same thing as finance, this money is intended to support potential projects that are struggling or on the verge of bankruptcy due to the impact of the collapse of FTX or Luna. This means it cannot prevent the demise of FTX or Genesis, Genesis is becoming another major concern. If Genesis cannot raise capital to avoid bankruptcy, DCG will most likely sell its crypto assets to save Genesis. DCG is one of the biggest crypto asset holders on the market, if they were forced to sell crypto assets to save Genesis it would be the next worst fall we've ever seen.
sr. member
Activity: 1358
Merit: 253

There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.


The latest news of Binance will provide funds of around $ 1 or $ 2 billion to restore the market, I hope this will soon be realized so as to make investors optimistic with cryptocurrencies. And of course we are waiting for strict regulations to make the FTX case the last.
hero member
Activity: 3038
Merit: 617

There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.
The market is subject to risk out of the speculation. An influencer making a speculation will have its impact over the market. This is common, FTX is an incident that have happened now. To me, even if the FTX failure haven't happened we could've dropped down. Because, on the four year cycle right now it is supposed to be on the bearish move and the same have happened through some means.

I agree with this point of view, if the FTX and Luna crashes don't occur, I also believe we will have other names that will cause the problem. There will always be something pushing the market down and that's almost the culture of the market, every time bear season comes there will always be a crash. 2014 was Mt.gox, 2017 was bitcoinnect and the death of the ICO trend, and this year we see the fall of FTX and a bunch of big funds. It seems like every day the explosions are getting bigger and bigger to cause more fear in the market.
hero member
Activity: 2310
Merit: 532
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Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.
The market is subject to risk out of the speculation. An influencer making a speculation will have its impact over the market. This is common, FTX is an incident that have happened now. To me, even if the FTX failure haven't happened we could've dropped down. Because, on the four year cycle right now it is supposed to be on the bearish move and the same have happened through some means.
legendary
Activity: 1974
Merit: 1108
Free Free Palestine
Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.
legendary
Activity: 1372
Merit: 2017
the recorded monthly record such ( 30d Low / 30d High   
$15,599.05 /$21,446.89) shows how bad the condition of the market now and any time this may drop another low, so expecting this to be the lowest 16k? actually that is 15k to be precise .

there are some parameters that may show about possible growth but better to expect opposite action so we will never felt betrayed once the value sideways

and again today the price seems to be lowering to 15k again as we can check the chart for the losses this day alone.

https://coinmarketcap.com/currencies/bitcoin/

better be ready guys and keep your fund on hold.

I have just realized that. We are again very close to the lows, and I think that as the situation stands it is more likely that we will pierce it than go up. I just don't see anything significant that is going to push us up, and instead, bad news can pull the price down.

Regarding the exact price, I think that if we go down we will reach the 12 or 13k area.
full member
Activity: 2548
Merit: 217
Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year.  

the recorded monthly record such ( 30d Low / 30d High   
$15,599.05 /$21,446.89) shows how bad the condition of the market now and any time this may drop another low, so expecting this to be the lowest 16k? actually that is 15k to be precise .

there are some parameters that may show about possible growth but better to expect opposite action so we will never felt betrayed once the value sideways


and again today the price seems to be lowering to 15k again as we can check the chart for the losses this day alone.

https://coinmarketcap.com/currencies/bitcoin/


better be ready guys and keep your fund on hold.
hero member
Activity: 1064
Merit: 501
Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
Your prediction that bitcoin will crash to $2k won't come true. Under $12k is the lowest price that bitcoin can reach this year if it is possible.

In general, 2022 is not a volatile year for cryptocurrency. I predict that the crypto market will be severely affected by this type of bearish market. Buy as much as you can right now and hodl onto it. Don't wait for the price of bitcoin to drop below $16k(present price now) before you think about investing.



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