Topic: Where will Bitcoin stabalize?? (Read 888 times)

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I believe a lot of what today is happening is also due to whales and they will bring it down further to buy the assets of small investors at low cost. Since there are not really many players in crypto today, whales can really make big fluctuations in market. But remember bitcoin is going to resurrect and rise. So kindly hold your bitcoin and enjoy the dip.

Unfortunately bro there's no way we could determine where will Bitcoin stabilize. We cannot predict it very well because anything could happen without warning whether it would go up or down.

Right now we are in an uncertain market condition and I see that it's still in a bearish state. There's nothing we can do about it but wait hope until we can see it going up again later on.

It is very difficult for the price to stabilize, at the moment it can go to a possible value of 25,000 dollars, but a few weeks ago the price was between 27,000-32,000 and from there or passed, apparently the tolerance range is 5,000 dollars , for me, what I think is that the maximum that can go down as a very low tolerance is up to 14,000 thousand dollars and this is taking it out with a tolerance range for which it was 27,000, I do not know anything about technical analysis, I see that there are many things and I don't know which one is the most accurate, but those prices come to mind for all the fud that has been produced.

Ok, so there are two aspects to this. The first is that some of these situations you are talking about will  correct when/if the market goes up again. The other is that the stabilization itself can come only if government regulations are in place, and that is a double edged sword.

Bitcoin price cannot be made stable bro. it isn't something which pegged to another asset . So your question is worthless i think. it doesn't matter. if bitcoin price is stable no one will invest in bitcoin . Thats All.

I do not know if it will take couple of years. Usually, it is just one year that is bad, then it is in recovery mode, sure it won't break ATH in a year, but it will probably start to recover soon. We had our ATH in October of 2021, so by October 2022 which is in just a few months, it is going to be a full on year where it kept going lower and lower.

I guess that by the end of 2022 and start of 2023 we are going to start having some good recovery. Will it reach 70k+ prices? I do not think so, but I believe that it is going to be fine. This is why I believe that in about half a year we are going to get a start, and from then on for a whole year it will slowly and gradually go higher and higher.

Crypto is famous for its vitality because its value is always changing. Hoping he was stable seemed impossible. If Bitcoin is stable, of course, the opportunity to increase profits through trading is almost certainly non-existent. The price will always move according to market confidence. I wouldn't be happy if Bitcoin was stable. It's like FIAT currency, or the same as government paper currency. Currently the price is falling and there is a possibility of returning to the highest price again.

Those who say bitcoin will or have died are part of those who want a deeper price before they buy it. Of course, we will always hear things like this, even when bitcoin reached its ATH many people still thought bitcoin was a mistake that some people tried to take advantage of. I do not deny that now there are some people who are afraid it will actually happen.

We all know bitcoin is not going to anywhere, but currently we are in bear market and nobody can tell when the market will bounce back but we all hope it will happen soon, all people saying bitcoin is dead are just trying to discourage people from buying and the funniest part is that some people will definitely listen to them and they won't buy, I can tell you that anybody that don't buy bitcoin now might endup regretting why they didn't buy now.

I mean by definition, Bitcoin is indeed unstable so I am not sure why you're going to look for "stability".
Where did you get the information that a lot of crypto exchanges are now laying off employees? I might be little late, but that could be a news 2 weeks ago?

This phrase is confusing me, even the topic. The adverb used is wrong. You would have used adverb of time (when) instead of advertise of place (where). Really nobody knows where bitcoin will end. Probably at America or Nigeria these are the two places (where) I can mention but when we come to "when" then the time  is unknown. You have to know one thing, bitcoin is in the exchange market so it becomes one of the highest competitive asset in the global market, as that anyone that has it in a huge amount will surpass the others so those billionaires are trying all their best to fight against it both in propaganda and otherwise. As it is said again and again, bitcoin is not a fiat currency that control by banks or government authorities so there will be no end for bitcoin. It can only fluctuate in market. Bitcoin can only end when the international satellite is shutdown which will affect everyone in the world. Bitcoin will float on the ecosystem space at times if internet is working in world. Then another way bitcoin can end is when the so called billionaire buy all the 21 millions BTC to is wallet then there would no BTC left in the space for others to buy and sell and that is not possible. He most sell out for business purposes. Unless he just want to waiste his money to suffer others. At that he will also becomes a poor man.

Stable bitcoin sounds like a myth to me. I don’t expect anything such to happen anytime soon. But I do know that there will be a time when bitcoin won’t go any further down. I can’t say much about what price it would be but bitcoin will bounce back and take over the market as always.

You have asked a lot of questions in single post. This is bear market and it may last for couple of years. I am saying this on the basis of previous data. Also , no one know the exact bottom, we can only speculate. It could reach 12k or under 10k.
Regarding bitcoin price stability, it may never happen as at times bitcoin dumps while other time it pumps.

It will take time for the bitcoin to correct but it has been anticipated that the price value of the bitcoin will increase upto $28,000.

I think you cannot predict that when BTC will stabilize. But if you have researched then you can find that its not the first time and may not the last time time that BTC crashed. You do your own research, If you really have interest in crypto currency.

The whole crypto market is down but it is anticipated that the market correction is about to start by the end of 2022.

Bitcoin prediction is not something that is reliable and the base level so he cannot read it the future of cryptocurrency I'm got it accurately if it's start falling the fallen can be continuously or take place for a long duration and many investors who is new will obviously lost patient and lost courage for each of it nvestment of cryptocurrency. So that is why I cannot panic the during the following are cryptocurrency so all together cryptocurrency does not have a specific prediction mechanism which can bring it to study of every man

Stabilization will come when we have more adoption and we start using Bitcoin an LN more frequently. Me and a few friends are working slowly to bring more education to the people of our nearby cities! From workshops, meetings, podcasts, we are doing what is at our reach at the best of our abilities to bring adoption to the people! LN being the main focus for small local commerce, friends and small online services! We gotta start somewhere and with baby steps! So, this volatility is mostly because of yet not enough liquidity in the market to absorve bigger transactions happening in the blockchain!

Hardest thing actually whenever you do believe that it is already the bottom and suddenly the price had dropped even more which means or it do really creates that panic in mind or being worried which i could say to be

normal.Market is unpredictable and there's no way that you could predict on what would happen thats why some do really make out some DCA whenever the price drops on the time that they had bought.

Some doesnt have some choice but to hold and wait for the price to recover.Stability is something impossible because bitcoin is always volatile,it might be moving sideways or having lesser movement
but doesnt mean that it would be stabilizing.It is really just that people or the community or market does really have that fear and some are just really observing which causes for less activity.

I partially agree with you but whales don't need futures or perpetual swaps to make short and long squeezes against retail trader positions. Even leveraged positions of margin traders can easily be liquidated on crypto exchanges.
To get real stability we need more adoption for daily use cases.

If anyone says stablecoins don't fluctuate, then have him or her review the price charts of all those stablecoin before making a decision. There are conditions where stablecoin are more expensive than usual and there are times when they drop lower and it always has to do with bitcoin price volatility.

OP, the only way you can achieve bitcoin price stability is when you ignore the volatility of the price in fiat. That means you have to think 1 bitcoin = 1 bitcoin and no longer 1 bitcoin for multiple digit numbers in $$$$$. This means that you will never see a stable bitcoin as long as there is a demand and supply that is always different every second in 7x24 hours. So it is realistic to think that bitcoin will never be stable in fiat.

And even the stable coin themselves is not also stable sometimes but there are times where their value drops under a dollar although this cant last for a long time not unlike to a non stable coin crypto which can go up and down at a longer duration. A stable coin is still recommended to use for those who wants stability.

It's useful on certain occasions like if you want to save up or you want to have something in preparation for the bear market to be able to buy more coins. If let say regulation is the only way for btc and other cryptos to stabilize, I still don't think that most us will like it even if regulation do have other benefits because it already breaks their true purpose.

And now that it's the collapse of 3AC, I don't think the market will stabalize anytime soon with the current series of incidents. In addition, the inflation situation has not improved, so the Fed will definitely approve a rate hike. There will not be a stabilization of Bitcoin anytime soon, but it will continue to fall at its current price. I predict bitcoin will not be able to stabilize before the end of the year, this sharp volatility will last until the end year.

Currently Bitcoin has dropped below 20 thousand. My idea is that the price of Bitcoin could go down a lot more. So we should not invest in Bitcoin right now. If you wait a few more days and understand the market situation and buy Bitcoin in a few steps, you will definitely get profit.

Lots of people are drawing a technical analysis chart to bottom at 17k+ but it looks like there is still no huge volume to show that the previous 17k we reached is the bottom, I just hope bitcoin will not reach such price again for now because the fear index is just too high, a claim at 22k will bring a little bit ease to the market

Everything is possible in cryptocurrency but I don't think bitcoin will come in 12K.  Made a side wave at 20K and 21K, it broke today and comes to 19820 Dollars.  According to many analysts, it may come to 15K but let's see where Bitcoin can create its bullmarket.

BTC might not "stabilize" until 2140.

Crypto market being a nascent market, it is very difficult to predict the exact time when and where bitcoin will stabilise. This might be achievable if bitcoin is used parallel to fiat and is accepted altogether.

I believe the price will definitely increase higher next month, because every July bitcoin price used to improve higher which many investors that purchased a huge amount of bitcoin few months ago will start earning something good from next month. We are still in a bear market which many people has used this opportunity to prepared well for the bullish market to appear before they can sell to make a good profit from the market. I think, the price will definitely move from $20,000 to $60,000 in next month because the market price is demonstrating some signs of increase higher soon.

In the meantime we’re in the crypto winter. The result of several events, it may be too long for me. Celsius, Terra Luna has called for crypto winter during this time. Now it is on going, it's not easy to get rid of form here. Many people think that the global situation is not good. There is also the possibility of Russia-Ukraine war longer. So bitcoin may be stabilized in 20k until the winter is gone.

It’s hard to tell. But analysts are saying that will go down to 12k.

I don’t think that the bitcoin prices will ever stabilise because if they do, there won’t be any market. No traders would buy it and no one would sell it and obviously, there won’t be any profits. It will become a fiat currency that not all shops accept. The Bitcoin holders will have their investments going in vain.

we should ask ourselves what is the world economy first before concluding or come to conclusion. From what i noticed, bitcoin has its own way of regulations and what stablize it's value. And it's very obvious that it's the demand and supply of cryptocurrency. And it happens due sufficient and insufficient level of investor's who return to the market or demands for cryptocurrency. The only thing bitcoin validation is negative information which portray or speculate negatively about disvalue or no regards of cryptocurrency or war crisis's.

What we experience right now is kind of stability gain. Maybe this could push the market or could drop down. The global impact too is disturbing the market, and this is all because of its adoption and widespread happening around. If this hasn't coexisted with the traditional market, now the market movements could've been something different from what we're experiencing.

In the beginning days the impact isn't felt much, as the market isn't that big. Now slowly things have changed and the same is making unexpected moves in the market.

If you look at the Daily chart, Bitcoin is still in a downtrend Console. $17k becomes a strong support point, if it breaks it will lead to bearish support in the $14k-$12k price area.
The market is still unstable and is still trying to reach the Flip Trend point.
The bitcoin market excitement will return again if it succeeds above the $35k price. We just need to hope that there is no negative sentiment about bitcoin so that there is no significant price effect. Bulls are coming.

In these difficult global economic conditions, the economies of major countries are in great decline and global markets are in a state of deterioration, the Russian-Ukrainian war has caused a significant negative impact and led to high prices and high energy costs, all of these things are making things turn for the worse and it is difficult to predict when this bearish market will stop, But in my personal opinion, if Bitcoin manages to hold at the $20,000 area, this is a very good positive sign and an indication of a near upside. Let's wait for the monthly closing and then we can judge.

The market is completely out of control at the moment. No man-made analysis is currently working.The market is moving at its own pace.When the bitcoin market exceeds $20k and stands at $17k but people lose a lot of confidence from the market.However, if the market is fixed in a certain place, people will regain confidence in the market I think if the Bitcoin market stabilizes between $36k and $48k dollars, it will become a fairly reliable market for everyone.

It always does, people with big names usually speak like bitcoin is a hedge against inflation due to limited supply and it will just grow time after time and may decrease due to correction or bear season but just a bit. But look at now, almost over 50% of its value decrease in just a month due to world issues. I don't hate bitcoin if you're going to tell me that, it's just people always over hype bitcoin against inflation.

In my opinion it will trade between the range of 18k to 20k for quiet sometime now. I think this is because of uncertainty, as their can be a global economy depression like the one we hand in 2008. The thing is that we all thought that Bitcoin will not get affected by the world economy but the truth is it does.

I do not think that in the near future we should expect stability. Considering the state of the market, this is probably only a dream for now.

Bitcoin's also a threat to the banking system. Because instead of their customers depositing money to them, there's now the idea that they can be their own bank.
And that's what is bitcoin for these days, we hold our money and as well as our investment. In that case, the pro-fiat and finance system are arguing and against to this madness because they're the ones that will be firstly to be affected by its major downturn.

In my own opinion I think the stability in btc price should be around half of 2023, buying is the only thing that is advisable...looking at the market cap ...

When people say such things it's because they want to take advantage of the blockchain concept through the altcoins they support or in politicians' case it's more likely they are shilling for CBDCs. Bitcoin is still a threat for the political system, because it gives people an alternative to the failed fiat system these politics have influence over, so of course they are going to blame BTC always they see a chance, just like now, with the recent crash.

Once bitcoin stabilizes and shows some recovery signals the attacks must decrease considerably, although it's unpredictable at this point. Even the earliest adopters aren't sure yet. All we can do for now is to keep holding, while avoiding FUD spread by mainstream personalities.

Another funny thing that I've read today is about Peter Schiff telling that there's no future for bitcoin but there's a future for crypto. That doesn't make sense right? The whole crypto market is on the shoulders of bitcoin and if he's telling that he's probably also getting into bitcoin? He's starting to tell things like this which we knew that he's been a bitcoin basher and bear ever since. And with the stabilization of bitcoin, we just think of it as volatile as always and will never get to the point of being less volatile.

In all honesty, no one can tell when will bitcoin will stabilize. We are all just mere observers in this market and we are just reacting whatever the market will behave. Even if there are news and other developments surrounding crypto, up until now, we can't pinpoint the major contributors on how will the market perform. Some news may influence the market but still no one can precisely predict what will happen to this market, even for the next 24 hours or so.

The next halving will be very close to CBDC launch + UBI (translation: tons of stimulus is coming), which should also bolster the next bull run.

There's also a possibility that institutions & mega-corps are mopping up the market (courtesy of weak hands) as we speak... we'll see in 2025.

With this very huge drop, this given time seems very early to hope Bitcoin will become stabilized and the drop will stop.
Another thing about this is my last hope; the bitcoin block halving, which we saw in the past every time the bitcoin block halving is fast approaching, the price is starting to rise or and I can consider a bull run is starting.

Herd Mentality 101

Most people are dumb animals.

It's really hard to predict how long this correction is going to last and when we will hit the floor. I didn't expect for the Bitcoin price to drop so quickly below 20,000 USD, somehow I hopped there would be more support at that level. Right now it seems investors are scared and afraid to touch any crypto coins that aren't stablecoins. Some doomsday investors are already a drop down to 3000 USD like 2019, that is a bit unrealistic for me. Once we are below 10,000 USD I would expect a lot of investors to start buying again. As for technical analysis they see a support level between 14 and 17,000 USD, after which investors should come back to the market. AT 17,000 USD was also the floor that Rober Kiyosaki stated to start buying Bitcoins again. But still, I am wondering who is selling his bitcoins now at 17-18,000 USD, it seems like a bad trade to me. Why not just hold the coins and sit out this bear market?

At present it is very difficult to say where Bitcoin will be stable.  In the three months of April-May-June of each year, the price of BTC coins has been declining.  May 21 and June prices have dropped.  Since July 2021, Bitcoin has grown like a crazy horse.  Bitcoin Low Market Bitcoin Low Market has started from May-June 2022.  I myself have invested heavily in cryptocurrency.  None of you will lose faith in Bitcoin.  Because the market conditions are very bad in May and June every year.  From the beginning of July, the market will go back to the previous level.  Looking back, I would say that everything will be fine in early July.  Many people say that Bitcoin is not stable but I think Bitcoin is stable.

I think it will be stabilized after June. This month has historical data about the dumping situation.
Every year in June we will see such kind of drama, panic selling will be increased a lot in June and December.

Now I stopped buying new bitcoins, I'm waiting for the last bottom, when it will be stable after June I will start buying again.
I know it can be fallen again after June but I'm ready to buy every dip now. I don't want to lose this opportunity anymore.

No one on this platform knows where it will all end. If we have the accurate information about where the bottom and the top is, then won't we be a millionaire?
"Stabilize", Do you mean the point where we can expect a bounce or the point at which bitcoin will lose a lot of its volatility?

We will see in late 2022/early 2023 at most.

Some say 10-11k (which is below 2017 ATH and against historical patterns).

Nobody can answer your queries in a decent way. Even those you called experts.
In my opinion, the market will not recover sooner as many scam schemes have been exposed by the second quarter of 2022. Personally, i believe in the opinion of bitcoin will recover by the next halving scheduled in the next year 2023. And till that time coming up, the market will sway under 25k.

There are those who predict bitcoin will fall even more at the end of the year, I take advantage of the current situation to invest in bitcoin I don't care about the prediction it will go down again or not, my goal is to invest now for me to save in the long term I believe bitcoin will go up again.

No one can tell when bitcoin will be stable again. But when you do your own research on how the market works and revolves you’ll definitely know what to do. Just buy and hold the coin for now, and wait for the market to bounce back soon. Listening to just analysis from experts or influencers won’t help you in this market. Rather do your own research and come to conclusion yourself.

It is difficult to say where Bitcoin will be stable.  Because the price of bitcoin goes up from time to time.  We have no idea about the existence of Bitcoin.  Now the price of Bitcoin is 21k.  It is impossible to say whether the price of Bitcoin will increase or decrease in the future.

If people are unaware of the volatility of it, and can't comprehend the fact that it could be 20k today 100k tomorrow and 40k the next day, and keep being volatile like that for decades, then they shouldn't join it. This means that we couldn't really invest and make more the way people think like that, they should be first watching the market a bit and understand what it means to invest into something that volatile.

Rarely anyone ever invested into anything that makes people earn or lose that much money, only the people who traded in leveraged forex trading may understand it, nobody else. So it will take some time to adjust to it.

Out of sentiment,  I think stabilisation is the last phase for bitcoin and that's just me (don't take me serious if you don't follow) and if that stabilisation is supposedly now, I greatly doubt. Meanwhile, supposing your talking about stabilisation in the context of where the correction is to end in this bear market, I can't tell you that, no one can actually! Predicting this dip was very elusive to everyone and even now, no one can actually state if th market would go further down or is set to meet a support line, keep retesting and then go into consolidation after a few bull moves. One thing is for sure though, bitcoin isn't going no where and the bulls will come jus when it's healthy enough.

Based on my own experience in the past, the real answer is that no one can really answer when the crypto market will be back for good. Yes, I think we are already in the winter stage again but I am sure that this will not be as long as we have experienced in 2018...who knows a month from now everything will be green and the confidence of the market can be showing up again. Or I can be wrong and this whole thing can be dragged into 2023.

After a year, or maybe after 10 years. Ohh wait, maybe in the next 100 years or in the next 1000 years. Maybe in the next, 10,000 years or maybe after 1 Million years.

Got the point? Market corrections are pretty normal, but to ask when it will stop? TBH nobody knows, even the experts don't know when it will stop. The only thing that we can do is to predict base on what happened in the past, but to know what will happen in 100% accuracy? Nahh you're dreaming as F.

I said it again. Bitcoin will not stabilize because there are no assets are stabilized.

Depends on what you exactly mean by saying where will Bitcoin stabilize in price, if you look deeply you can clearly understand the prices changes because of the supply and demand and due to changing the power of these two factors you can see sometimes the price will change and these changes and price movements are sometimes very sharp what's why people are saying bitcoin price is not stable but honestly I think there is the same situation in any market and it's just about the amount of art(average true range) of the markets, which is higher in bitcoin and cryptocurrency markets.

Bitcoin stability is unknown to everyone, and Bitcoin price is a universal market that trading with a high volatile which many professional traders called it correction when market is Dip. Bitcoin is a digital assets, buy when is dip and sell when is high and make your profit. But when selling at high price, is another person entry point of buying, therefore do your own analysis and set up your goals.

When will the Bitcoin price stabilize? NEVER.
Bitcoin price was never stable. It will always be volatile. If you want stable prices just stick with stablecoins or pseudo-stable fiat money.
Cryptocurrency exchanges collapsing? I see this as a win. It's time for Bitcoin to go back to it's "be your own bank" roots. Centralized crypto services offering insane dividends like Celsius will be thrown under the bus for good.
The CEO of Celsius was talking extreme BS- "fiat banks are bad, we are good". Why? Because your are using crypto, but you are mimicking a real fiat bank(without being regulated)? The "fiat bad, crypto good" propaganda was always annoying to me, because it was coming from centralized crypto companies, that are no different than the fiat companies.

Right, so even if it does go lower than $20k, the important question I ask myself is,
Is Bitcoin dead? - No
Will the Bitcoin market rebounce? - Yes
So it might take a couple of years like the previous bear market or maybe not but the market will recover so it is left to you to decide what to do in terms of when to invest.

I wish there is any accurate answer to this question, because the current market price fluctuations is a big obstruction to this question. BTC may or may not be stable any time soon.

No one can answer your question because basically the price of bitcoin is unstable.
when the bitcoin price will recover even the big whales do not have an answer with. we can only see and monitor when the bitcoin price will recover.

If you read or heard an analyst say "x" thing, always contrast it with other opinions, you do not base your decisions on the guidelines of others, these should only be a reference, each decision is always individual.

We are at a time where any price range could even be temporary, how many weeks have we been in decline? for example, 30k(+/- ,3K) was a good point of stabilization, and there it was for some time and where we are now, focusing only on thinking about the stabilization of bitcoin is only part of the question in which we find ourselves, the point is; you could support(hodl) it (price) the indeterminate time it will take to return and/or even to a new ATH, that is the real question you should ask yourself.

There is no stability for Bitcoin because it is not a stable coin.  Bitcoin is a very volatile coin and the price always fluctuation due to volatility. The market always go up and down and now it is in a bear mode. Many investors are panicking due to the uncertainty of the market. As at today, Bitcoin was able to reach $20k before bouncing back to $21K. The market is not stable and I'm sure with time everything is going to go to normal.

Stabilize? No it cant happen yet price would be always volatile it could be that moving sideways but it would be on a short period of time which its impossible that it would really be staying like that forever.

Market correction duration? No one really knows because the community and big players/instutions are the ones who do really determine about price movement depending on the buying and selling
in between buyers and sellers which is something unknown.

Thats why its not really bad to take up some chances on accumulating cheap coins as of this moment considering that we are on bear market where blood in the streets are everywhere.

It'll drop to 18k, then it'll pump to 24k within a few hours, whoever had the guts to buy, bought; then gradually we'll reach 30k, when we'll initially start stabilizing... Then, Coinbase & Binance will get hacked and boom! Back to 20k, with a continuous market upheaval. Then, something from someone, out of nowhere, happens which sends us back to the moon. The Wall Observers can't believe their eyes. We've broken another ATH.

Seriously now, do you actually believe:

• There are people who know such stuff, and if there are,
• do they have a single reason to inform you?

Nobody knows, and let it run its course. Do not let us use one source to ascertain the position of the Bitcoin market which is so broad. On the other hand Bitcoin has generally reached ATH, so now that we are facing bear season it is appropriate from the beginning of June to be aware of price volatility. Don't panic, we're not going any deeper, even if it's deep then the later bounce will surpass the previous ATH. Above +$70K it's definitely a hit.

i think bitcoin is going to stabilize at 20k

Possible but actually no one could predict what will be the price of Bitcoin and what will be the bottom price of the current market condition.

But the only thing that I could suggest learn more about the history of Bitcoin and learn about TA and FA to predict what will be the next Bitcoin price movement.
Blockhalving is always the starting point for investors because the supply after blockhalving is reduced while the demand increases which is a sign of a bull market.

20 k is the most stabilize price,i think

Bitcoin winter was predicted to happen this year after the bullrun in 2021. If you learn the bullrun/bearish cycle every 4 years, you will know that 2022 is the beginning of Bitcoin winter (bearish). People who feel jittery, only those people who have a weak mentality or don't understand about crypto market nature. If we understand how crypto market works, we won't be afraid of the current situation. Instead, we will feel happy because we have the chance to buy Bitcoin or top altcoins at the lowest prices.

In theory, this bearish season will stop in 2024-2025.
So, it will last around 2-3 years. But it is just a theory, the fact may happen a bit differently.

That's how in a bear market. I remember several threads at the height of bitcoin run in 2017, and they said that they are going to quit their jobs and will focus on crypto trading or everything that involved around it to make the needed money because they have been profiting big. But they forgot that there is a bear market and this is just another repeat.

As far as the blood shed, nobody can really tell, heck maybe this is not the lowest price that we can see this year. So just be prepared for the worst. And not expect something huge that is going to happen so that you won't get disappointed.

Exactly! Long-time crypto users or self-proclaimed experts, they can't be the answer.
But everyone can make their own prediction on this market.
Even if we have past histories to refer on, still, it is not safe to say, you will know the next movement.
Just observe and make a smart guess, if you are depending on this for your next financial decision.

Historically it tends to fall about 80% off peak in a crypto winter. So that means the low is probably in the $14k type range. We're not far from that, so this isn't a bad time to buy. It may, of course, stabilize much higher than that and begin a new bull market.

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USDT has performed admirably so far. They've redeemed every request. USDC is solid as well. Both infinitely better than the UST/LUNA scam.

i think we can see 12k,but the ultimate and bigger bull run of all will be when we as a community entirely address tether usdt,this is long overdue.

There is no doubt there is a recession coming. Shares are down 20% or so from their highs of 6 months ago.

The 20% fall is a good indicator of the average sentiment is. i.e. People expect businesses to make 20% less profit or so due to inflationary pressures or whatever and so the share prices fall.

Remember, most shares pay a dividend, so a share is always going to have people wanting to buy it if the price is right if they believe that they will get a return on their investment.

Problem with cryptos is there is no fundamental value, just that you might sell it to someone else for more later. Hence bitcoin went from 1 cent to $70k while shares maybe doubled over the same period.

So what is the fundamental support for bitcoin? There isn't one. Get out while you can, people are selling because they need the money, there will be more distressed sellers until this recession is over. Do not think this is a buying opportunity, it isn't.

Hey Bro !
Nobody can answer your queries in a decent way. Even those you called experts.
In my opinion, the market will not recover sooner as many scam schemes have been exposed by the second quarter of 2022. Personally, i believe in the opinion of bitcoin will recover by the next halving scheduled in the next year 2023. And till that time coming up, the market will sway under 30k.

Some analysts are claiming it will keep going down until $8k.

Market cap as a metric is not really significant and should not be used as a case study when considering an asset. Think of it more like a way for altcoins to get more relevant as they can easily inflate their market cap by minting lots of tokens into the market to create the impression that they are high capped assets.

What do you mean by "the current price is too high for the current market cap"?

If the market capitalization keeps dropping then we can't be sure where the bottom is. From my point of view, the current price is too high for the current market cap and we can expect the price to go under $20k for a price correction without a big change in the market cap.

It will be hard to see the capitalization over 1T again, or at least it will not happen soon.

No one can actually predict the bottom, only if you have an inside information about it, in my opinion and according to chart that I drew I think 20k is the bottom, remember whales do lots of manipulation, they might dump it a little bit and later pump it, this is just my opinion and not a financial advise

Does it seem like any of us has the magic answer to all of these questions?  Had we known, we would have been multi millionaires or billionaires years ago already.  You have to realize these are questions someone can only provide a personal opinion to as an answer.  Truth is, nobody knows the real answer to all of your questions.  Troll or not, the most accurate answer is, 'the market will either go up or down'.

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Regards,
PrivacyG

A million dollar question. Here you can find a decent analysis:

https://youtu.be/F8f7XUvD2tc

Firstly, do not base your investment decision on the comments of "experts" or "well read" individuals. Do your own Research.
I agree that the crypto market is not going anywhere, but lots of cryptocurrencies would fizzle out during this period, this is an effect of market sentiments and scam projects getting exposed as they were just riding on hype.

No one can answer any of these questions with accuracy.
If you have done your fundamental research and believe Bitcoin is going to rebound then you buy or hodl.

There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in.
The fall of celsius, though it rebound back is another chip down
Many crypto exchanges are laying off employees.
Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize