Will Bitcoin hit 2022 low again? - page 4.

yohananaomi

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Quote from: ?? on ??

In my opinion 2022 Bitcoin will be very volatile because inflation is happening in the world,
including in the United States which causes Bitcoin prices to fall,
there are even rumors about MTGox that in 2022 they will share lost Bitcoins to users,
of course this will result in Bitcoin prices dump again, so be careful.

it will always happen, my friend, because right now the whole world is in an economic crisis because of very high inflation, which causes purchasing power to continue to fall and decrease. many countries could not avoid the attack of this crisis and even the World Bank estimates that next year is the peak of the crisis will occur.
so I agree to always continue to be careful the possibility that bitcoin might go down again even though it won't drop drastically below $10K.
there will always be a tradeoff from falling prices that there is an opportunity to save more but it must be remembered that the bull market season will certainly be long.

bestcoins1

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In my opinion 2022 Bitcoin will be very volatile because inflation is happening in the world,
including in the United States which causes Bitcoin prices to fall,
there are even rumors about MTGox that in 2022 they will share lost Bitcoins to users,
of course this will result in Bitcoin prices dump again, so be careful.

What does "share the lost Bitcoin with users" mean? Can you explain it in full here and provide news about the rumor here? Because I never thought that within this year there would be a distribution of Bitcoin to users who had lost Bitcoin. Although it is clear that inflation exists and is currently happening, so that it does not only affect Bitcoin, but also other assets and currency values are experiencing the same thing.

$crypto$

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Quote from: yudi09 on October 13, 2022, 12:52:40 AM

Bitcoin closed September with a low of $19.573.43 and $20,109.85 being the high. October 1, we opened the price is also not much different, namely $19,431.10 and until now Bitcoin is still at a price of $19,078.50.

But take it easy seeing market conditions because we admit that there are some obstacles that may be being faced that make Bitcoin's movement slow down a bit than we expected. Just manage finances to add to our future investment portfolio. That's probably one of the best ways

October won't be much different from the previous month I think it's still the same thing with prices below $19k because it's not too much to expect an increase even though some say with UPTOBER it's still far from possible to see bitcoin go up again, trust me bitcoin still in a prolonged bearish period with no time limit.
I wouldn't worry about falling market conditions, for example, I'm more convinced of the opportunity to increase my portfolio in these easier times because I'm not looking for trouble just thinking about where the price is going, so it's more important to increase the addition of Bitcoin regularly now.

BobK71

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Quote from: yudi09 on October 13, 2022, 12:52:40 AM

Quote from: SirLancelot on September 27, 2022, 04:20:50 PM

Quote from: yudi09 on September 26, 2022, 11:13:46 AM

Quote from: Lambe Ndumble on September 26, 2022, 05:17:43 AM

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Maybe September will end with a price below $ 20K or another possibility can also happen, namely the opposite. $19K is not the lowest level for some experts in assessing market activity. So don't be surprised if many are still waiting for the price of Bitcoin to drop to a price below $18K.
I don't want you to follow the results of many expert analyzes, because they are not necessarily accurate.

We still have 4 days left before we end this month of September and the price now is currently at $19k. It can be clear that the movement of the price is moving upwards therefore I believe that we can break $20k in no time and then the recovery will continue in the month of October. $19k is really not the lowest. We even reached $18k and $17k last time.

It's fine if they can expect lower than those numbers because here in cryptos, not all of us are the same and can unite when it comes to price predictions. If we don't have a prediction on our own I think we can just follow on what the majority is seeing/saying, as that can be more likely.

Bitcoin closed September with a low of $19.573.43 and $20,109.85 being the high. October 1, we opened the price is also not much different, namely $19,431.10 and until now Bitcoin is still at a price of $19,078.50.

But take it easy seeing market conditions because we admit that there are some obstacles that may be being faced that make Bitcoin's movement slow down a bit than we expected. Just manage finances to add to our future investment portfolio. That's probably one of the best ways

The biggest obstacle for Bitcoin's progress is now inflation. And the Ukraine Russia war is responsible for this inflation. So no green signal will be available as long as this situation is not changed. Moreover, the trading platform is never stable. If there is no good conversion, it must go to the down. In that direction, it seems that the market may be dip again.

posi

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Quote from: Falconer on October 09, 2022, 10:31:41 AM

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022. But before that, I have to assure you that $20K - $30K is also very likely to be expected. The current bear market will not last forever, market recovery is expected but of course we are always in two possibilities so speculations about the future of prices are being discussed all the time. I don't expect the price to drop to $15K for the rest of the year, but who knows.

Some people believe that a real bear market has not yet started and that we are now at the threshold of one. Many economies are experiencing bad times, but stock markets have not yet fallen as hard as they have in previous crises. Yes, I agree that a bear market cannot last forever, but I see more optimism in 2024 after another halving.

Are you sure you didn't mishear, bitcoin is down 70% and all altcoins are down 80% to 90% but we are not in a bear cycle yet. If what you say is true then those people really have an extremely optimistic and admirable spirit.
Maybe we haven't hit the bottom of bear season yet but it can be said that this year is really a bad year because we have had to go through a lot of bad events in the world. I hope everything goes by quickly and that 2024 is really what we look forward to the most.

yudi09

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Quote from: SirLancelot on September 27, 2022, 04:20:50 PM

Quote from: yudi09 on September 26, 2022, 11:13:46 AM

Quote from: Lambe Ndumble on September 26, 2022, 05:17:43 AM

-

Maybe September will end with a price below $ 20K or another possibility can also happen, namely the opposite. $19K is not the lowest level for some experts in assessing market activity. So don't be surprised if many are still waiting for the price of Bitcoin to drop to a price below $18K.
I don't want you to follow the results of many expert analyzes, because they are not necessarily accurate.

We still have 4 days left before we end this month of September and the price now is currently at $19k. It can be clear that the movement of the price is moving upwards therefore I believe that we can break $20k in no time and then the recovery will continue in the month of October. $19k is really not the lowest. We even reached $18k and $17k last time.

It's fine if they can expect lower than those numbers because here in cryptos, not all of us are the same and can unite when it comes to price predictions. If we don't have a prediction on our own I think we can just follow on what the majority is seeing/saying, as that can be more likely.

Bitcoin closed September with a low of $19.573.43 and $20,109.85 being the high. October 1, we opened the price is also not much different, namely $19,431.10 and until now Bitcoin is still at a price of $19,078.50.

But take it easy seeing market conditions because we admit that there are some obstacles that may be being faced that make Bitcoin's movement slow down a bit than we expected. Just manage finances to add to our future investment portfolio. That's probably one of the best ways

uneng

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Quote from: btc_angela on October 12, 2022, 04:21:43 PM

Quote from: STT on October 10, 2022, 05:30:48 PM

Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue. If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again.

I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k.

Support is strong at 19,000$, but it is unlikely for now that bitcoin is going to surpass the 20,000$ resistance line and keep stable above that price. At least that is what most recent tendencies show us, because as soon as btc approaches 20,000$, the price suddenly and sharply falls down to the support level.

Unfortunatelly minor news are maintaining bitcoin's price downside, while what we need in fact are positive major news to change the tendency upside.

I guess this year is lost already. Maybe next year holds a brighter scenario for crypto (I hope so).

savetheFORUM

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Quote from: BobK71 on October 10, 2022, 01:48:02 AM

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

I agree that it's not as simple as people make it out to be, I am not saying that it is an easy thing or a difficult thing and what not, but it is certainly something that is not as easy as "there was war" because there are a lot of details of that war, and it's not as simple as "there was inflation" neither because of details.

USA got into Afghanistan and out and nobody really cared, that wasn't the war people cared, this is a war where west vs Russia happened again, and that's a big deal, that detail is important, we had inflation but many people failed to work for months, and failed to pay stuff without help from printing trillions, so it's not just that simple.

btc_angela

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Quote from: STT on October 10, 2022, 05:30:48 PM

Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue. If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again.

I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k.

EarnOnVictor

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Quote from: Falconer on October 09, 2022, 10:31:41 AM

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022.

No one should be optimistic yet about Bitcoin, such might be disastrous. What I could advise is for everyone to always reanalyze the market on the daily basis, which is the only way we will not make mistakes. The Bitcoin that was bullish yesterday might be bearish today, so we have to be careful and dynamic.

Quote from: STT on October 10, 2022, 05:30:48 PM

Its not looking good today, we appear to be failing the trend. I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action.

Bitcoin was bullish last week but has slipped back to a bearish trend since after Friday. This is a good development for the bears and it might last for the rest of this week according to my long-term analysis. The bullish enthusiast should, therefore, wait for now.

Quote from: BuNga_cute on October 10, 2022, 05:27:55 PM

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.ofits.

Of course, the bears rule the market in 2022, and might still dominate till the end of the year. The market has been bearish since 2021 if you look carefully at your chart, and it is however better that we remain firm with that view in the long term. But we could regularly adjust our stances on the short-term outlook.

Quote from: BobK71 on October 10, 2022, 01:48:02 AM

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend.

It could be a warning to you that Bitcoin is not yet ready to buy as it is hesitating to rise much when it has bullish opportunities. It might be confined within $25k and $17k for the time being (throughout 2022), so we should all get used to it and make out opportunities within the levels.

STT

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Its not looking good today, we appear to be failing the trend. I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action. Im not sure it has to mean a similar low seen prior in 2022, might even be worse but my outlook is negative with this development.

Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue. If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

BuNga_cute

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Quote from: Mario Yamasaki on October 09, 2022, 08:34:28 AM

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.
Because the market doesn't show any positive movement, even in the past few weeks the price of Bitcoin has struggled to rise above
the $20k price. Moreover, the condition of the world economy is not doing well, so it's only natural that the demand for Bitcoin decreases
and that can cause Bitcoin to drop to a lower price. Even if the Bitcoin price has dropped to a lower price, we really don't need to panic.
Because if we study the crypto world well, we definitely understand how Bitcoin works. This means that we know how deep the price of
Bitcoin falls, Bitcoin can always recover and the price rises to a higher price. Therefore, the step we should take is to buy Bitcoin every time
the Bitcoin price drops lower. Because by continuing to accumulate Bitcoin, then when the market recovers we can generate large profits.

KennyR

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Quote from: BobK71 on October 10, 2022, 01:48:02 AM

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

We're into the final quarter of the year. The market movement is happening within specific range. There used to have uptrend at the year end growth. During the time of covid-19, entire world suffered bad economic condition and slowly started to recover. By the time war, oil crisis, food shortage and different issues arose and it ended up on hard inflation. Every year is challenging, as we don't know how the market progress/decline takes place. However at the year end there used to have a bullish move which can be the sideways movement to have little profit.

BobK71

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We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

Falconer

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I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022. But before that, I have to assure you that $20K - $30K is also very likely to be expected. The current bear market will not last forever, market recovery is expected but of course we are always in two possibilities so speculations about the future of prices are being discussed all the time. I don't expect the price to drop to $15K for the rest of the year, but who knows.

bestcoins1

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Quote from: Mario Yamasaki on October 09, 2022, 08:34:28 AM

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

If his profession as a big investor in the crypto space is indeed a good moment like now, but for ordinary people who are not investors or just people who are able to buy in small quantities, they can only be patient waiting for the Bulls to come again and I personally believe that the next Bullish will not be present this year.
Because market conditions are still at the same level as last month.

Mario Yamasaki

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We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

bestcoins1

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Quote from: Paul Pogba on October 08, 2022, 02:57:13 AM

If we look at market conditions, we deserve to be optimistic if prices can still return to $20k, many analysts believe prices will continue to drop because of external conditions, namely inflation that occurs in almost all countries, if October is still stable at $20k there is hope for it to rise again in the following month.

There is always hope for those who are willing to be patient in facing this difficult situation. Because the increase and decrease in Bitcoin in the market will continue to occur as long as there is still demand and supply in the market. That is something that cannot be avoided, especially if more and more people are liking Bitcoin. It is certain that the price increase will occur again in Bitcoin.

Quote from: ?? on ??

The red market like now makes us unable to expect more, I agree that it will be difficult to reach $ 30k, even if the price can be stable in the $ 25k- $ 28k range then I am grateful even though I once bought Bitcoin at the most expensive price is $ 55 K.

If Bitcoin can stabilize at a price of $25k- $28k within this year. That is a very extraordinary thing in my opinion, because in this year it is clear that a lot of people have bought at low prices and are waiting for a price increase to occur, although some people are not waiting for a new ATH on Bitcoin. But if the price of Bitcoin can stay in the range you say it is, there will definitely be more people who are happy.

DanWalker

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Quote from: btc_angela on October 07, 2022, 01:11:59 PM

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October has been running a week and the market has not shown a sign to move positively, yesterday the price of rising and returning to $ 20k but today there was another correction and dropped to $ 19800, if in 2021 the price of rising and reached ATH an increase and began in October, and This year there has been no increase so I am sure that in 2022 it is difficult to rise.

I guess if we see $22k, then I would definitely agree with you about signs of moving positively. However, the price goes on a correction and dropped below $20k.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

I don't see any relationship between the market and Elon buying twitter. Bitcoin's current rise or fall completely depends on the economic situation, inflation, energy crisis and news related to Fed interest rates. It can be seen that inflation has not decreased but also increased in the EU area, so the possibility of bitcoin's price increase in the last months of the year is definitely not there. But in a bear market there are always short-term rallies and this October we still can't expect bitcoin to recover to $22k or $25k before falling again. It doesn't make much sense to long term holders but to short term speculators it makes a lot of sense.

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Quote from: ShowOff on October 07, 2022, 02:57:11 PM

OP, I basically believe that eventually the increased selling pressure will push the bitcoin price down for a while. Price corrections always occur lately so this pattern makes the bitcoin price sideway between $19K to $21K. I'm not sure where the lows are this year, but I agree that prices could hit their lowest this year if the worst case scenario occurs.

Quote from: btc_angela on October 07, 2022, 01:11:59 PM

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

Yes, $20K is close so it probably won't be hard to hit even now that the price correction is happening. You've seen it achieved but then come back down, this has happened over and over again during this time.

If we look at market conditions, we deserve to be optimistic if prices can still return to $20k, many analysts believe prices will continue to drop because of external conditions, namely inflation that occurs in almost all countries, if October is still stable at $20k there is hope for it to rise again in the following month.

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