will bitcoin go back to 19000 - page 3.

Fakhrulenclix

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Quote from: Pejoh Asu on March 06, 2023, 02:57:06 AM

This week the price has fallen more than 5% and last week it also fell more than 3%, of course we are worried that if bitcoin returns to the $19k level, many analysts believe that if the price drops below $20k again it will take longer to recovering, at the beginning of last year, of course, many were optimistic that the price would go towards recovery because it had risen by more than 40%.

since the beginning of 2023, only in the last 2 weeks the price of Bitcoi has continued to decline and that is all outside of the predictions of many people who expect the price of Bitcoin to stabilize and grow slowly.
however after having had these 2 bad weeks I have so much fear that I think Bitcoin will be difficult to recover and the possibility of bitcoin returning to the price of $ 19k is quite possible.

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Quote from: fzkto on March 05, 2023, 11:30:46 AM

Quote from: bounceback on March 04, 2023, 09:23:16 AM

Quote from: landheer on February 09, 2023, 08:38:07 PM

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Investors await accurate information on bitcoin payouts following the collapse of Mt Gox. The start of this period is so far scheduled for March this year. It seems to me that because of these events we will not see more growth in the nearest future, because with 144k bitcoins sold, not all at once, but in parts, the sellers' pressure will increase. You can compare it as if miners will start selling twice as many bitcoins for a while.

That event affects the current growth of Bitcoin this year. We all know that investors and traders always follow what the current events are showing inside the market. With fears and with cutting possible losses, we might see some unusual market. We need to work with our knowledge here, as we might be affected by fear and we may collapse together with the market.

Keep in mind that if you are already inside and if you have current holdings, better to stay long and wait even if the market reach that value, you should not be affected to avoid losing your investment.

If you have spare money, that value is also a good buying position if you aim to hold long.

Tellek Garing

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Quote from: GreenStox on March 07, 2023, 11:35:20 AM

I estimate that it is likely to happen but we don't know how much it will drop it could be lower than 19000 or not at all but if you look at the current conditions it is likely to be lower than 19000,and for this year i am not sure if bitcoin will reach 30000.

I anticipate that Bitcoin will exceed the $30,000 mark at some point during this year, however, I am unable to predict the precise timing. The rapid recovery witnessed since last month serves as an indication that Bitcoin is likely to perform better this year, in a similar manner to its performance in 2020 and 2015. It appears we are heading towards another 4-year period during which we will witness another bull run.

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I estimate that it is likely to happen but we don't know how much it will drop it could be lower than 19000 or not at all but if you look at the current conditions it is likely to be lower than 19000,and for this year i am not sure if bitcoin will reach 30000.

Pejoh Asu

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This week the price has fallen more than 5% and last week it also fell more than 3%, of course we are worried that if bitcoin returns to the $19k level, many analysts believe that if the price drops below $20k again it will take longer to recovering, at the beginning of last year, of course, many were optimistic that the price would go towards recovery because it had risen by more than 40%.

fzkto

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Quote from: bounceback on March 04, 2023, 09:23:16 AM

Quote from: landheer on February 09, 2023, 08:38:07 PM

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Investors await accurate information on bitcoin payouts following the collapse of Mt Gox. The start of this period is so far scheduled for March this year. It seems to me that because of these events we will not see more growth in the nearest future, because with 144k bitcoins sold, not all at once, but in parts, the sellers' pressure will increase. You can compare it as if miners will start selling twice as many bitcoins for a while.

Semar Mesem

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Quote from: bounceback on March 04, 2023, 09:23:16 AM

Quote from: landheer on February 09, 2023, 08:38:07 PM

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Sometimes people who plan to buy bitcoin at a low price will never buy it, when the price drops they don't buy but are afraid because the price will continue to fall, and wait again at a lower price, as investors we should change this mindset, I agree that the best thing is to buy within the capabilities of the dips and never wait for the price to $ 19k, because sometimes the market can skyrocket in a short time

bounceback

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Quote from: landheer on February 09, 2023, 08:38:07 PM

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Pejoh Asu

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This week the price dropped by more than 4% and if we pay attention to trends on many social media always saying cryptocrash, of course this is a natural thing because many users sell because they need money or get profit when buying at low prices, bitcoin always fluctuates and can fall at any time, even many analysts believe that the increase that occurred at the beginning of the year is a trap because the price will drop even deeper.

Fredomago

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Quote from: Taskford on March 03, 2023, 06:33:56 AM

Quote from: STT on March 01, 2023, 07:53:12 PM

Never see 19k again, its only taken from 2017 till now to consider that in the past. Amazing the breadth of movement that makes that true, 5 or so years of very wavy lines. I hope thats correct but hard to say before looking at week or monthly bars perhaps and their trend.
Today will have been a good day despite again being wavy, it just has to close above the rough line capping high and closing prices on the daily bars

Possible to happen since I think there's another news will be released on 10th of this month if I am not wrong about Mt.gox repayment to its platform users, so provably this one could affect the minds of people and possibly can create a dumping scenario since people think about negativity about it. Lets hope or see if this cannot affect the market since somehow some people use this to manipulate the minds of people who's easily get affected by some news spread.

That's another big factor, when manipulation take place and most of those who fear with what the market is bringing them will join the ride of dumping what they are holding, the chance to see the market to fall and reach back this low is really possible.

Take a deeper research before doing your trade if ever another big fall happen, be ready as everything is really unpredictable with a volatile market like crypto market.

Taskford

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Quote from: STT on March 01, 2023, 07:53:12 PM

Never see 19k again, its only taken from 2017 till now to consider that in the past. Amazing the breadth of movement that makes that true, 5 or so years of very wavy lines. I hope thats correct but hard to say before looking at week or monthly bars perhaps and their trend.
Today will have been a good day despite again being wavy, it just has to close above the rough line capping high and closing prices on the daily bars

Possible to happen since I think there's another news will be released on 10th of this month if I am not wrong about Mt.gox repayment to its platform users, so provably this one could affect the minds of people and possibly can create a dumping scenario since people think about negativity about it. Lets hope or see if this cannot affect the market since somehow some people use this to manipulate the minds of people who's easily get affected by some news spread.

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Quote from: Kemarit on March 02, 2023, 01:42:50 AM

Quote from: indah rezqi on February 23, 2023, 07:50:45 AM

Quote from: Kemarit on February 23, 2023, 07:12:15 AM

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.

I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

I think that's the bullish predictions for this year, still though $50,000 might be exaggerated by some analyst, but who knows, this is just like 50% of our current price.

I think you meant 100% of our current price, we would be 50% of 50k right now. I agree that 100% is not impossible in the crypto world, we have seen things go up 10x in a year, going up 2x is nothing compared to that. And I do not mean small cap tokens neither, they can go up 100x or even more, I mean like bitcoin and ethereum and so forth has gone up 10x in a year before, and going up 2x in a year is absolutely nothing.

Having a fear that it will go back to 19k is normal, I understand the fear, but just because one person is fearing that could happen, doesn't mean that market agrees with that, look at how we keep trying to break the wall and go above 25k and you can see the optimism in the market.

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Quote from: indah rezqi on February 23, 2023, 07:50:45 AM

Quote from: Kemarit on February 23, 2023, 07:12:15 AM

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.

I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

I think that's the bullish predictions for this year, still though $50,000 might be exaggerated by some analyst, but who knows, this is just like 50% of our current price.

Quote from: indah rezqi on February 23, 2023, 07:50:45 AM

The price trend is currently sideways between $23K and $24K, but I hope interest will rise more in March and turn both price ranges into support. Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.

I will remain bullish as well that this might we might go all out and reach $25,000 and maintain on that price. And if that happens, then it's good for all of us, overall the ecosystem is very much as bullish as we can be prior to the halving next year. We are still in the first quarter though so a lot of things can happen.

STT

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Never see 19k again, its only taken from 2017 till now to consider that in the past. Amazing the breadth of movement that makes that true, 5 or so years of very wavy lines. I hope thats correct but hard to say before looking at week or monthly bars perhaps and their trend.
Today will have been a good day despite again being wavy, it just has to close above the rough line capping high and closing prices on the daily bars

Quidat

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Quote from: SquallLeonhart on March 01, 2023, 04:55:30 PM

Quote from: Silberman on February 28, 2023, 01:33:30 AM

30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.

I do not think that it is "difficult" to reach, I think it's just not trying to reach it at the moment. Do not imagine as if the market is always trying to go up and always trying to go down and whichever wins that is the direction we go to. Consider it more like the market does nothing most of the time, it's not trying to do anything, and when it wants to go to a direction it tries it and checks if the rest of the market agrees or not and then stops.

We tried to go to 30k before, or at least above 25k, and failed twice which is true, but at the same time that doesn't mean there won't be a third try, and it wouldn't be a success, that could very well happen anytime.

We arent really that too far off, the important thing on here is that you should really have that prepared some funds if ever the market would really be having that crash or decline or something that do talks about cheaper price.Possibilities is always there since we cant really be that able to know on how the market would be have.There are lots of possible factors which would really affect out
the movement of overall market. This is why when you are an investor or trader then you should really know on when to get in and when to get out.
Sustain yourself and survive and that would be the main key.

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Quote from: Silberman on February 28, 2023, 01:33:30 AM

30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.

I do not think that it is "difficult" to reach, I think it's just not trying to reach it at the moment. Do not imagine as if the market is always trying to go up and always trying to go down and whichever wins that is the direction we go to. Consider it more like the market does nothing most of the time, it's not trying to do anything, and when it wants to go to a direction it tries it and checks if the rest of the market agrees or not and then stops.

We tried to go to 30k before, or at least above 25k, and failed twice which is true, but at the same time that doesn't mean there won't be a third try, and it wouldn't be a success, that could very well happen anytime.

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Quote from: $crypto$ on February 23, 2023, 12:11:20 PM

I think it has expectations for $30K in the first quarter and it's very possible to touch that because it's not that far from the current price so I think maybe it's possible to get to that level because the first quarter isn't over yet there's still hope.

Bitcoin has been in the sideways for quite a long time and there is still hope that it will go up, which will show again at the upper point, while to repeat to the lower price, usually there must be another major event that affects the market, so this might happen again at the lower price.

30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.

STT

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Right now it appears BTC price action will pull back to the 50 day average or somewhere in that region. 22k is also the Feb low so far and just settling there would still be bullish bigger picture. Probably the main deal for proper locomotion forwards and upwards is the strength expressed in the 200 day average, right now we are merely preventing it go downwards. Its flattening out and possibly we can build from here, inertia requires consistent effort so a pullback can be ironic and positive for further gains imo.

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Quote from: AnonBitCoiner on February 23, 2023, 08:59:31 AM

Ups and downs are essential part of cryptocurrency market whenever market goes dump then it is not a sign of worries because sometimes lower price is beneficial for those individuals who are in desires of trading in crypto.

Yup, there are traders who keeps sorting the market and they are not afraid in taking the risk when the is down, they are comfortable in buying and holding, believing that pump back will bring them huge benefits.

Quote

The bitcoin does not goes down for the first time but in previous year there was a great dump in Bitcoin price and the year 2023 is that year in which bitcoin will go back to its higher cost. To get rid of market Fluctuations users have to look into the price determinate chart.

That calls cycle and if you will trace back that's part of the market, just needed to work more with your knowldge to anticipate the right way.

Quote

There is no guarantee and surety that will it again attain the price of 19000 or will go up because future is unpredictable for all individuals.

No assurance when or if it will happen again, if does, you just need to be ready in buying more to make sure that you will benefits from that market run.

Quote

The bitcoin falls is due to market volatility and market Fluctuations so its not a new thing in cryptocurrency industry. But it is assumed by the expert of crypto industry that 2023 is the year for bitcoin recovery and enhancement of price will take place during this year.

Just an assumptions but even expert can't accurately predict they are just proving their opinions base from the past market run.

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Quote from: indah rezqi on February 23, 2023, 07:50:45 AM

I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

$50k is possible to be reached in Q3-Q4 of this year, so why not?
But in the near future, it is surely a too-high target. I think in Q1 the price may pass $30k and it has the chance to reach $35k-$40k in Q2. It is my personal prediction if we consider the current trend in crypto market.

Quote from: indah rezqi on February 23, 2023, 07:50:45 AM

Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.

Just forget the possibility of returning to $19k, I also think it is very unlikely.
Since early 2023 (January), the price increased constantly and reached $25k a few days ago. This is a very positive sign that the price to continue to increase to the next target of $30k. Wink

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