What Will Be bottom Of BTC in 2022 Year ( Current Price= $16000 ) - page 2.

jossiel

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Quote from: lepbagong on November 26, 2022, 10:11:35 AM

Quote from: jossiel on November 25, 2022, 09:15:56 AM

It's always been difficult to see it rise when it's keep on going down. FTX is already done but it is the crowd that keeps on following what will happen to them.

It's like a never ending story because the founders haven't yet put into jail.

Don't forget about Luna, it's also one of the reason why the market has gone down or simply, we're in a natural bear market and things has to happen.

It seems that since the prolonged Covid cases, plus Russia's intervention, purchasing power has continued to decrease and everyone has to prioritize.
This impact is at least experienced by crypto, not to mention the cases of Luna and FTX, which makes many refrain from making investments waiting for the situation to recover.

I don't think there will be any significant change for the bitcoin price and it will remain stable and quite stable at its current price range ($15K-$25K) until the end of the year.
instead it will start to continue to fall in 2023 where it is estimated that this is the year of the world economic crisis.
it remains only to hope with the upcoming halving phase. where there will be repetitions with improvements that will certainly occur after the halving phase.
always remain optimistic even though it still takes a long way to reach this period of improvement.

But despite all of that, I honestly think that the crypto market is still in good situation considering all of these events happened at the same time.

If we'll go back in time and this has happened, I guess that we'll see the lowest price that bitcoin can do. But no more going back to the past and we have to deal with it currently.

Having an optimistic mind will also prolong you on this market just like me and the others that have been considered staying quite long.

Silberman

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Quote from: cryptomaniac_xxx on November 26, 2022, 04:41:19 PM

Quote from: Rockstarguy on November 26, 2022, 11:13:40 AM

Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

At this point anything can happen, so what we need to do is question ourselves and think at what level we will begin to accumulate more bitcoin? To me this is a process which has already begun but maybe there are people waiting for 13k to happen, but even if we were to see that price I have my doubts those that are waiting for those levels will decide to act even then, as it is likely they will just move their buying price to an even lower level if that were to happen.

darkangel11

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Quote from: cryptomaniac_xxx on November 26, 2022, 04:41:19 PM

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.

Do you really think that if someone predicts this in a thread it makes this a reasonable price? Now I know why people buy high and sell low.

Quote

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.

If you're willing to set your goals as low as 10k, you might put it lower like 9k or 8k. Why not 6k? that's still above the 2020 lows.
You remind me of those people who were waiting for 1k in the 2018 bear market.

The normal bear market macro bottom for bitcoin should've been around 22k. Without Luna and FTX scams we wouldn't be where we are today and these weren't events that you could predict by looking at the charts, so at this point no level is too low. If enough scams implode we could be at 6k next year, or 3k again. I don't see bitcoin ever going below 3k in the darkest scenario, but anything above that is possible if centralized businesses start falling.

cryptomaniac_xxx

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Quote from: Rockstarguy on November 26, 2022, 11:13:40 AM

Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

Rockstarguy

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Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

lepbagong

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Quote from: jossiel on November 25, 2022, 09:15:56 AM

Quote from: Sang Prabu on November 25, 2022, 08:23:33 AM

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.

It's always been difficult to see it rise when it's keep on going down. FTX is already done but it is the crowd that keeps on following what will happen to them.

It's like a never ending story because the founders haven't yet put into jail.

Don't forget about Luna, it's also one of the reason why the market has gone down or simply, we're in a natural bear market and things has to happen.

It seems that since the prolonged Covid cases, plus Russia's intervention, purchasing power has continued to decrease and everyone has to prioritize.
This impact is at least experienced by crypto, not to mention the cases of Luna and FTX, which makes many refrain from making investments waiting for the situation to recover.

I don't think there will be any significant change for the bitcoin price and it will remain stable and quite stable at its current price range ($15K-$25K) until the end of the year.
instead it will start to continue to fall in 2023 where it is estimated that this is the year of the world economic crisis.
it remains only to hope with the upcoming halving phase. where there will be repetitions with improvements that will certainly occur after the halving phase.
always remain optimistic even though it still takes a long way to reach this period of improvement.

minime0105

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Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

Bitcoin price can not fall to the level of reaching to ten thousand 10,000 before it will reverse to start going up, so i believe that Bitcoin is a currency that do rise and fall whenever you have lost hope it rising and also same thing of it falling, so the falling of bitcoin is an opportunity to investors who invest into cryptocurrency, because Bitcoin price is not something we can say it have a specific price or target at particular point in time.

el kaka22

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Reaching bottom is not the issue, it could be 16k, it could be 14k, it could be 10k, and none of that would matter really because that’s not the point. You could buy now, or buy later if it goes lower, and the result is almost the same, just a bit more profit if you are right and buy lower.

However, when will it start to go back up is the real issue here, and it doesn't look like it will be anytime soon. That’s the scary part about it, and I believe it will end up with a bit of a trouble if it doesn't go up for a while more. We just need to realize that whatever happens, we need to hold as long as possible and if it takes too long, then we wait for too long.

jossiel

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Quote from: Sang Prabu on November 25, 2022, 08:23:33 AM

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.

It's always been difficult to see it rise when it's keep on going down. FTX is already done but it is the crowd that keeps on following what will happen to them.

It's like a never ending story because the founders haven't yet put into jail.

Don't forget about Luna, it's also one of the reason why the market has gone down or simply, we're in a natural bear market and things has to happen.

Nrcewker

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Quote from: fennic on November 20, 2022, 10:58:30 PM

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 price will completely depend on the demand of the coin. If in the mean time, the demand of the coin increases then definitely the price will increase and if the demand decreases, then we will see more downside in the price. We can simply judge this if we compare the buy and sell trades at any popular exchange. According to the current scenario, I don’t think Bitcoins will fall below 15k usd. I mean when the price will fall, more people will try to take the advantage and will buy the coins, thus making the price goes up.

Sang Prabu

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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.

Davian144

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Quote from: Ani1985 on November 24, 2022, 04:27:25 AM

Sad to see the current price conditions, I lost money because the price continued to decline in 2022, and now the price is around $ 16k and it looks difficult prices to rise, moreover many issues say that big cases after FTX are queuing so that it will make a bigger shock .

Don't panic too much about the issues currently circulating, because not all of the issues that have been circulated and that you have read can all be true. Because some news writers deliberately make some issues go viral so they can stick out to the public and cause panic in some people.

So there's no need to panic about all these issues even though you're already losing money, but if you can still survive by not selling or releasing the assets that you still hold into the market, then you still have time to recover and make a profit.

jaberwock

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Quote from: SirLancelot on November 24, 2022, 03:35:41 AM

Indeed nothing is certain but for me, I think we can't drop under $10k anymore because as I can see the price is stable now on $16k. I expect that it will increase soon and break $20k again. I am curious if why you are going to convert your btc to another coin? And may we know if what coin was that? But, I think there are no other better coins than bitocin because this was the first and currently the most trusted.

If only you will say that you will sell and you will use the money for something, I think that is more acceptable. I hope this message of mine will change your mind. You can still add more coins if you wanted to but you need to use your personal money or sell your shitcoins, etc, except btc.

I do agree with that, under 10k is looking as "impossible" as it gets, like seriously reaching to a point where we would need so much more to be sold and the market already emptied so much already, thinking it would be even more could get it a bit harder. I am not saying it’s impossible or anything but it could be quite difficult to reach those levels at all.

I am guessing that the best thing to do would be buying up as well, because it looks like we are a at a very bottom level where it is quite difficult to reach any lower. This is of course just speculation, because we do not know 100% for sure what the market will do, it’s just a guess and calculated one at that.

Pierre 2

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Quote from: Welsh on November 23, 2022, 12:00:44 PM

The bottom doesn't really matter, a lot of users get obsessed by the bottom, and when is the perfect time to invest. However, most of us would miss it even if we predicted the bottom correctly, whether that's due to the time frame it hits that bottom or just not having the capital to invest. My advice has always been to not concentrate on the news or what's the best time to invest. I think the most important would be to at least hold your Bitcoin for a number of years after your initial investment, since it's deflationary by design.

Also, after this recession people will be looking for alternatives which will mean more adoption for us.

This is why I believe it may be good idea to start buying some amount of Bitcoin beforehand so if it drops to lower levels you won't mind and if it increases you will be more safer. Bottom desire is mainly about people trying to maximize their gains. I personally want to maximize my gains as well. I am expecting bottom to be around 11k. It will be place I buy a lot of Bitcoin. But my friend started to buy Bitcoin daily and I don't think its bad idea.

Marvell1

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Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

Why are you calling bitcoin price drop alarming, while many are waiting for bitcoin to drop to that even 10k and i am also expecting bitcoin to drop even more? Simply, because I want to own more bitcoins at a lower price. We are investing in bitcoin so owning more bitcoins is something to be excited about, not worried about.

Quote from: SirLancelot on November 24, 2022, 03:35:41 AM

I am curious if why you are going to convert your btc to another coin? And may we know if what coin was that? But, I think there are no other better coins than bitocin because this was the first and currently the most trusted.

If only you will say that you will sell and you will use the money for something, I think that is more acceptable. I hope this message of mine will change your mind. You can still add more coins if you wanted to but you need to use your personal money or sell your shitcoins, etc, except btc.

If he converts bitcoins into another asset for his work it is for a good reason but if he converts bitcoins to altcoins for holding then i really worry for him with that decision. Hope he knows what he's doing, if he's holding bitcoins and doesn't feel safe I don't think there is a better coin for him to invest in.

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Quote from: Ani1985 on November 24, 2022, 04:27:25 AM

Sad to see the current price conditions, I lost money because the price continued to decline in 2022, and now the price is around $ 16k and it looks difficult prices to rise, moreover many issues say that big cases after FTX are queuing so that it will make a bigger shock .

It is possible that some more exchanges may face the same kind of crisis what LUNA & FTX did & Bitcoin may fall even below 10K but it is normal in financial world, fall of Enron Corporation in 2001 was biggest collapse in the history of stock market when share price came down from $90 to 0.26 but stock market survived. Crypto market will survive too & rise from ashes again.

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Quote from: TravelMug on November 23, 2022, 11:32:53 AM

Quote from: Lucius on November 23, 2022, 10:46:27 AM

Quote from: LittleBitFunny on November 22, 2022, 11:15:30 PM

I don't know if anyone here is like me but I would like to see bitcoin hit 10k this bear season and I hope it happens next year. Bitcoin hit six digits it's only a matter of time but I hope before bitcoin gets there bitcoin will drop even more Wink

.

Everyone who buys wants a lower price and that is logical, while those who have already bought above the current price do not want the price to fall so low, because that would be very critical considering that the price would fall so low to even 50% of ATH from 2017. Perhaps it should be taken into account that the lower the price falls, the harder it will be to recover, because investor confidence will be greatly shaken.

I just hope that all those who say all the time that BTC is too expensive will still take advantage of the opportunity that is offered now, because if you buy some smaller amounts there is not too much difference between $16k and $13k.

Yes, we have heard about investors here complaining that the price is very expensive and yet, when the price goes down hard, they are not buying and insist on waiting for it to drop even further. Of course we want to buy at the very cheap price. However, if we have seen a huge dip just like what we are right now, $16k, this is back to 2017 price, everyone should take advantage of it and continue to accumulate overtime.

I believe the people who always complain are the ones who will never buy bitcoin no matter how cheap bitcoin is. People who really believe in bitcoin, they will not complain about bitcoin price, nor will they ever sit back and wait for bitcoin price to drop further because we all know bitcoin price prediction is impossible and the only way to buy bitcoin this bear season is DCA and real investors are still doing it everyday. While those who always say bitcoin is too expensive are still waiting for bitcoin to fall further and they don't want to buy at high price.

ice18

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Most predictions I saw in different people from skilled, pro etc traders they are at a range from $10,000 to $12,000 is most likely the bottom of this bull market, its too early for a bullish move maybe next year btc will start a reversal but this year that cause a lot of panic from crypto investors I think another crash is going to happen, market is too hard to predict right now, be very careful until no clear confirmations in where the market is going.

Ani1985

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Sad to see the current price conditions, I lost money because the price continued to decline in 2022, and now the price is around $ 16k and it looks difficult prices to rise, moreover many issues say that big cases after FTX are queuing so that it will make a bigger shock .

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Quote from: Reatim on November 22, 2022, 09:47:16 PM

Quote from: fennic on November 20, 2022, 10:58:30 PM

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.

Nothing is certain here mate , price may drop low to 10k or it may grow to 20k again the thing is no one really knows but what we can see now is that the price seems to be dipping more .
this can go around at least below 15k before the month is over.
and will recover next month to at least 20k?
this is what I am expecting because my funds will be transfer to another coin once it achieved.

Indeed nothing is certain but for me, I think we can't drop under $10k anymore because as I can see the price is stable now on $16k. I expect that it will increase soon and break $20k again. I am curious if why you are going to convert your btc to another coin? And may we know if what coin was that? But, I think there are no other better coins than bitocin because this was the first and currently the most trusted.

If only you will say that you will sell and you will use the money for something, I think that is more acceptable. I hope this message of mine will change your mind. You can still add more coins if you wanted to but you need to use your personal money or sell your shitcoins, etc, except btc.

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