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. 
Topic: Will Bitcoin hit 2022 low again? - page 5. (Read 1838 times)
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.
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.
Bitcoin will be stable between $18k to $25k and will not drop below $15k,
I believe that because 2023 there is a possibility that the bulls will start again,
just like a few years ago where the bears will be 1 year.
I believe that because 2023 there is a possibility that the bulls will start again,
just like a few years ago where the bears will be 1 year.
Quote
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.
the chart already shows that bitcoin is really strong at its support price at $18k,
even a few days ago it dropped to $18k and bounced to $20k in just a few days,
because October is always bullish for bitcoin, of course this is good news and will persist.
Nothing is "really strong" here and I dislike people making references like this when they don't have a valid reason. So you are telling me that all Octobers of Bitcoin would ever be bullish? You might be right about the short-term trend because I am bullish on it this December but it's clear that you just guessed with no valid reason.even a few days ago it dropped to $18k and bounced to $20k in just a few days,
because October is always bullish for bitcoin, of course this is good news and will persist.
What are the indications or things you do consider as a reason on why we would be having that recovery for the end of this month of October?
For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.
For people who do trade up for short term, then it would really be just important on making up such sudden decisions.
The obvious answers are right in front of the trading chart unless you do not trade Bitcoin at all. If anyone could see the 4H and daily chart of BTC, such should immediately know that the market is bullish this week. And this might be the preparation for it to maintain the bullish ground for the rest of October, or for the majority of the days of the month. For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.
For people who do trade up for short term, then it would really be just important on making up such sudden decisions.
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
I don't like the situation whereby if the price of Bitcoin drops some of began to understand it in different ways, actually it's quite understandable that bitcoin price always get increase or Arise whenever it experience low value, using last two days as an illustration, when it's red, it do experience positive reaction as resurrection within interval.
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
I don't like the situation whereby if the price of Bitcoin drops some of began to understand it in different ways, actually it's quite understandable that bitcoin price always get increase or Arise whenever it experience low value, using last two days as an illustration, when it's red, it do experience positive reaction as resurrection within interval. Quote
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.
For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.
For people who do trade up for short term, then it would really be just important on making up such sudden decisions.
Quote
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.
My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
I really believe that bitcoin will go down more before this year ends. There are many factors why I'm thinking that way. National currencies of many countries continuously collapse because of the strengthening US dollar. The continues rate hike in the US also affects other countries' economy. There is also this looming world war 3 because Ukraine recently applied for NATO membership.
The factors I said may not be related to crypto but those events affects the whole global market.
Bitcoin tries to keep the support level at $19k, failing it can make bitcoin reach down to the previous all time low of the year. The market is completely unpredictable, and now price of bitcoin is around $19200. Weeks back price is predicted to go down, but the support level got maintained. There is more chances of downward movement with bitcoin considering the year end bullish move.
In all of my recent analyses, there is no strong or even valid support at $19K, you might want to explain better on this if you have strategies to back this up, let us learn from you. The level was just a coincidence to see the price of the market around it. The most valid support is now at $17,000-17,500 and might be defended by the Bulls as long as possible. Frankly, Bitcoin might find it difficult to breach the level for the rest of this year, but will still might not make a tangible bullish run till 2023.
Bitcoin tries to keep the support level at $19k, failing it can make bitcoin reach down to the previous all time low of the year. The market is completely unpredictable, and now price of bitcoin is around $19200. Weeks back price is predicted to go down, but the support level got maintained. There is more chances of downward movement with bitcoin considering the year end bullish move.
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
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.
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.
If you look at the way the market is collapsing, it is not unusual for the price of Bitcoin to go down further in 2022. But I think Bitcoin can create a good resistance zone between 17k to 20k and use it well later. But I also think that current situation also a good dip for long-term investment if anyone can invest now and can hold for 2years then I think he could easily earn 2x or 3x profit.
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
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.
Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.
from the choice questions the op asked, I've obviously voted "Yes", and this seems to be the most choice. why I chose it, I don't think it's clear there are indicators that make me feel confident, that there will be changes to improve soon. because since the beginning of June this year, the movement is clearly seen to continue to decline and can't go back again to reach prices above $30K.
so it's possible to hit a low level is possible, but it's actually to create a jump, so that it can start moving upwards at the beginning of next year, and will continue until the halving passes.
Ups and downs are very common in crypto crypto currency or we call it's religion. In any circumstances it can go to down to it's lowest level. Many investors may be waiting for the more dip but that moment may come or not. Since the current bearish affect the whole crypto market it will be proper time to accumulate more assets, In this concern DCA method will be consider as good strategy. so it's possible to hit a low level is possible, but it's actually to create a jump, so that it can start moving upwards at the beginning of next year, and will continue until the halving passes.
from the choice questions the op asked, I've obviously voted "Yes", and this seems to be the most choice. why I chose it, I don't think it's clear there are indicators that make me feel confident, that there will be changes to improve soon. because since the beginning of June this year, the movement is clearly seen to continue to decline and can't go back again to reach prices above $30K.
so it's possible to hit a low level is possible, but it's actually to create a jump, so that it can start moving upwards at the beginning of next year, and will continue until the halving passes.
so it's possible to hit a low level is possible, but it's actually to create a jump, so that it can start moving upwards at the beginning of next year, and will continue until the halving passes.
~snip
Bitcoin is in price decline and we should not be affected by the market price situation. It should be realized that a lot of technical analysis is provided by experts regarding the decline in the price of Bitcoin, but holding Bitcoin for the long term is something that needs to be done.
~snipBitcoin is in price decline and we should not be affected by the market price situation. It should be realized that a lot of technical analysis is provided by experts regarding the decline in the price of Bitcoin, but holding Bitcoin for the long term is something that needs to be done.
Obviously it has to be done because those who already have a love for Bitcoin will definitely hold Bitcoin for the long term, at least until the desired price target is reached if they really have to release Bitcoin back into the market before buying again in a downturn.
A Lot of damages have been done to Bitcoin in 2022, which is partly due to the economic woes of the world and high inflation plaguing global markets among other factors. The Crypto has been holding its ground tightly above the low of June 2022.
My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
Unstable global economic conditions have made the crypto market slump. In particular Bitcoin has dumped approximately 70% of the ATH price. I think 2022 is not a good year for crypto. I predict Bitcoin will close at a low of $15k this year. The market has not stopped to continue to dump. We pay attention to the chart, more experienced a decline than at the pump. My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
A Lot of damages have been done to Bitcoin in 2022, which is partly due to the economic woes of the world and high inflation plaguing global markets among other factors. The Crypto has been holding its ground tightly above the low of June 2022.
My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?
It's already visible that bitcoin is staying under 20k for a long time now.
I think it has a good possibility to hover around 40k if not 45k by the end of this year.
I think the lower lows of bitcoin pre-2023 would be around 15-16k US dollar.
I think the opposite, $40k target by year end is a pretty high expectation, even $30k is very unlikely and we will have a bottom of 15k-17k by 1Q 2023. Because then the Fed's interest rate will almost reach the maximum level if they continue to maintain an increase of 0.75-1% from now until the end of the year. Things will not get better while the Fed raises interest rates and the economy is likely to go into recession, Bitcoin and all other financial markets will only recover when the economy shows signs of recovery.
If bitcoin calculated from the ATH position that has happened, of course the price of bitcoin has dropped by almost 70%, many analysts say that the 4-year negative trend is repeating itself, and this is what makes many people worry and choose to sell even at a loss.
If they still believe that this 4 year negative trend is repeating itself, why do they even want to sell at a loss at this time because if they believe in the trend. So they also have to believe in the Bullish trend which also occurs every 4 years in Bitcoin. And they should have waited very patiently for it to be able to sell because of profits and not sell because of losses as in current conditions.The problem is in the belief in what the experts say and also in the patience that everyone has at this point. Because they can still survive without selling Bitcoin at a cheap price as long as they can still eat and drink for every day.
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