Topic: will bitcoin go back to 19000 - page 4. (Read 899 times)

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.

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. 

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.

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.

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.

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.

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.

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 also think that the price range of $ 40K in this year is still very logical for Bitcoin to reach even though now the price is still under $ 25K. But with this time of year remaining and more than ten months, there will certainly be enough for Bitcoin to reach a price of $40K even though there will be another price correction later this year. Because a correction is always a natural thing to happen before a bigger increase occurs in Bitcoin in the market.

Yup FTX was a trigger point for which the whole crypto marketplace collapsed and hence Bitcoins fell upto such a point. But if Bitcoin keeps this positive attitude for long, like it has shown since the beginning of February, then falling back to 20k usd will be really difficult. If Bitcoins keeps the same pace then definitely in the Mid of March we can expect a price segment of 32k to 38k for Bitcoins. Moreover at the same time the demand of the coins should also be maintained, as this will only lead to increase the price of the coin to maintain the demand. Also let’s not expect and more bad news from the crypto industry, then everything will be back to normal as assumed.

Price range below $25k may be relatively low price to increase bitcoin investment, so it's never too late even though bitcoin price has increased but price is still too low of $40k-$50k to probably reach in future, high price recovery signifies price bitcoin is going higher this whole year, i hope you don't miss the moment.

Well, it's a good thing that you already started to DCA, but as it looks like, I think we are going to see some more declines in the pipeline. It could easily touch $20k or maybe even lower, but hopefully it then recovers back from there and hit about $28k or possibly $30k.

If you have your target set at $100k, then I guess you got nothing to worry about and keep buying from every small drops adding a little every time. All that is important is to have diamond hands and not to sell before it's the right time. The best time to buy was probably when it was around $16k, if you used that opportunity, you should be good by now already.

Nothing can be said with certainity until or unless we close the day over 25000$. Bitcoin needs to make a higher high which will be above 25000$ and then we can say that the market is going upwards from here and the trend is changing. I will only be confidence once I get the confirmation of bitcoin price over 25000$

Some people are saying that the prices may reach again to 18000$ or 17000$ which in my opinion seems very difficult and for that to happen we need some major big bad event in the market.

I think there’s a possibility we may never see $19K again. Sure, we’re still close enough to it that a piece of bad news can take us there, but I think the reason we got that low was due to FTX being run like a roulette wheel in a casino. That sort of collapse I don’t believe is in the cards again. I think we’re due for a recovery and once some choppiness liquidated enough people we’ll be headed up for another leg.

The market is moving towards a bullish although yesterday the price dipped heavily in the $21k support area but the current price has reached $25k for the day, so the market can be expected to aim for a higher price recovery going forward and the prediction is the end of the month to close the price by $30k or higher. We are expecting high prices in March to support reaching new milestones this year.

Quite a deep pullback today, I thought we might be heading for the 21k area  if it continued.  Its caught onto the 2 day average and is recovering back above levels previously lost.  I could be wrong in attributing too much importance to this level but 24.3k is a repeating Fibonacci level that could help us climb higher if held as support.  The push down below this in its attempt did not last more then half a day or so, we're back above.  Building here could be really positive for a higher target rather then this idea of a full reversion to 19k or similar levels.
  The last hourly candle was a good one, a pin shape; all these judgements dont have to matter an hour of trading isnt alone a signal but its developing well and I hope daily and weekly bars confirm us properly towards more gains.

We have no hold on it, whether it drops or it stays above $20k, nothing we can do for it but to accept that this is really how the market works. However, with the current market situation, I couldn't think for now that it drops to $19,000 unless the momentum will change because for me, it was just a common price correction and it drops when huge selling has done. I don't look at the 6% drop in a day or two but I look at the weekly performance which is still doing well.

Doesn't look likely at this point that Bitcoin will go back under $20k. It could happen of course, just doesn't look likely. The drop from $24k down to $21k a week ago on the news that SEC is going after crypto was probably the best chance for it to drop under $20k one last time and it didn't do it. And then even US inflation numbers weren't great as inflation only dropped by 0.1% in January which might make people think the Fed will do a 50 point raise instead of 25 next month or perhaps keep raising rates by 25 points longer than expected, but that inflation news didn't drop Bitcoin at all. Instead Bitcoin sprung back up from $21k to $24k again the past couple days.

I think it would take a really major piece of news scaring off investors temporarily to drop Bitcoin under $20k for even a brief amount of time now.

Bitcoin hasn't broken out of the bottom of the bear market yet, but the $25k region is where the top of the bottom range has been so likely if it breaks out to $26k that'll signal the end of the bear market and it could shoot up to $30k rather quickly. Bitcoin is definitely trying to push over $25k right now, though it could take anywhere from hours to days to weeks or even a couple months to break resistance and end the bear market. It might go back to low-$20k's for a while if it ends up now breaking out until later in the Spring. But under $20k, while possible, seems pretty tough at this point as the market momentum is clearly on the side of trying to push it up into the $25k resistance.

Thinking about where it could go in the near future and during this market cycle:
It feels like it is going to break resistance soon, and the bear market will end before the end of this month. Maybe it shoots up to $30k in the next couple weeks, but then maybe SEC going after crypto and the Fed continuing to raise rates will keep Bitcoin in the high $20k's to low $30k's for a few months before it can sustain solid price appreciation later in the year. In 2019 it shot from $4200 to $5000 in just like an hour after breaking out of the bottom of the bear market, and hit $13k within two months, but then was way overbought so it gradually went down for 6 months before starting to move up again (but then the covid-crash put a pause on that for a couple months). I think regulation concerns and macro outlook will keep BTC price a bit more grounded this time around when it breaks out of the bottom so we won't maybe won't get that huge over-buyup following breaking out. I'd love to just see a price hovering around $30k this Spring, and then second half of the year climbing over $40k, to set it up to break to new ATHs a few months after the halving, and hopefully in late 2024 and 2025 we get a strong sustained bull run unlike the double top Elon/China motivated mid-summer crash we saw in 2021. Last bull run was pretty small, only 3.5x previous ATH, hopefully it'll do about that size again ($200k - $250k), despite market being that much bigger and therefore harder to move, if there is no big bull run momentum killer like in 2021. Anyway, sorry I just rambled and got way tangent of this thread lol

Demand and supply will cause fluctuations, and it is clear that this is a condition that is always expected by any trader. I've always believed that prices can go down and up at any time even if it's influenced by a small issue, but when it's followed by an increase in demand or an increase in supply then of course a change in price can be expected.

I can honestly say that I no longer expect the price to drop back to $19K or lower, in fact I would really like to look forward to some strong bullish once the market appears to be recovering. So even though a downturn may occur during 2023, but I hope my optimism becomes a reality in the end.

The "could it?" questions are always a bit harder to answer because at the end of the day nobody really knows. If we are talking about capability, it could be one dollar per bitcoin or one million per bitcoin, the capability is there for both of them but that is not the question because 19k is a specific number that is asked, meaning it must mean are we going there.

Looking at how it is doing fine right now, I have to say that it is looking good and I am pretty sure that it must be doing alright, I doubt that it would be anything more than that, I feel like the best thing to do at this point would be something a bit more like stop guessing and start accumulating.

Yes, the bitcoin price has corrected again and this time, it is back at $23k, which is a good price to buy. This week I've done DCA but the price is decreasing for now, so I decided to buy a little more at the current price as I'm still waiting for another low (if it can happen later).

Hopefully, before the end of the month, the price can reach $25k so in the next month, we will see the trip price can increase to $30k. As long as our selling price target is above $100k, I think if the price is still below $60k, bitcoin is still worth buying while waiting for the price to go up.

Yes, not just $19k but every time that bitcoin will go down hard, everyone will buy. Unfortunately, it might be a good strategy or bad, bad in a sense that if the price don't go down anymore, you will have missed a lot of weeks waiting. Others do DCA which is more me the more strategy and safe strategy.

Just like know, the price zooms to $24k and maybe we are going to hit $25k at the end of the month. So no more