Will Btc get to $12k or $10k - page 11.

irhact

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump?? this should be a mini pump

Aren't they the same expert that called the top of Bitcoin in the last bull run to be $100k but Bitcoin didn't get closed to that price. They're the reason many investors didn't take profit because they believe them that Bitcoin wasn't going to dump anytime soon as the Metaverse trend was still very hyped that even Facebook had to change their name to Meta.

You have to stop listening to your callers and learn to interpret the charts yourself. Nobody can predict the exact bottom of Bitcoin. The pump in price happening now is because for so long Bitcoin has been oversold due to so many unfortunate events like FTX crash, Luna etc that all had more impact on the market causing more dump then what should have happened.

Edwardard

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Quote from: yhiaali3 on January 17, 2023, 09:54:46 PM

Bitcoin returned to the 200-day average at 21K$,

The 200-day moving average is at 19.5k approx right now, not 21k$,

Quote from: yhiaali3 on January 17, 2023, 09:54:46 PM

and we notice a strong resistance here on the 4-hour chart, and we notice an average of 8 candles hitting the resistance strength here.

21k is acting as support not resistance, actual resistance is 21.5k right now.
We didnt fell under 21k yesterday even when the US stocks were falling pretty hard (especially the dow jones index).
We are a couple of weeks away from the next fomc meeting, expecting more hot rally ahead! We are in for some exciting months ahead.

yhiaali3

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It is difficult, I think, for Bitcoin to return to the $12k or $10k regions, this is a very remote possibility given the current situation.

Bitcoin returned to the 200-day average at 21K$, and we notice a strong resistance here on the 4-hour chart, and we notice an average of 8 candles hitting the resistance strength here.

Possible scenario according to my expectation:
Negative: If $20,900 is broken, the targets will be $19,300, and then $18,000.
Positive: If this negative candlestick is breached, it may lead to a rise to the September high of $22,800, or to $25,000.

In the end, these are all analyzes and predictions, and no one knows exactly what might happen.

kotajikikox

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

You can think whatever you wanted but I believe that Bitcoin will never fall that low (not in this year 2023) .

there are many saying that this is bulltrap , or many also says this is just a Mini pump , but what I do believe is that this is conditioning to what we will get in the coming days before halving.
which means we are in the stable position and 20k will be our base price from here to the end of this year.

Dave1

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Quote from: Fundamentals Of on January 17, 2023, 07:59:17 PM

Just go on buy some regardless of the price. If it falls to $12,000, go buy some more. If it falls to $10,000, go buy some more. If it increases to $20,000, buy again. If it swiftly breezes to $30,000, buy again. If it hits $100,000, you might want to stop buying and take some profit if you wish.

But if you are waiting for Bitcoin to hit $10,000 to $12,000 to do the buying as I know there are some, you might miss the train.

Yes, I do agree, even though the price lately is going up to $20k, this is still a very good time to buy, because technically they are still cheap. So just imagine, if the price in the bull run goes to a minimum $100k, it's a huge profit for us then.

So no need to wait for the price to go down to $10k-$12k, do DCA and grind weekly to save as much as we can and take advantage of the bear market.

Fundamentals Of

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Just go on buy some regardless of the price. If it falls to $12,000, go buy some more. If it falls to $10,000, go buy some more. If it increases to $20,000, buy again. If it swiftly breezes to $30,000, buy again. If it hits $100,000, you might want to stop buying and take some profit if you wish.

But if you are waiting for Bitcoin to hit $10,000 to $12,000 to do the buying as I know there are some, you might miss the train.

GeorgeJohn

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Quote from: Woodie on January 17, 2023, 01:37:10 AM

If price does not break out from the $22k-$25k zone then there is a high chance of price remaining bearish. I'm certain most believe we are bullish, but what we are seeing is simply a pull back trying to create a lower high then comes the lower low which will be the trading the expected order flow of being bearish..unless that price zone is broken then we shall be bullish.

I have been emphasizing on this particular scenario indirectly, by saying that after the little increment of bitcoin that got many people excited, the price will definitely scrubbed. But it's few people that will understand that if the increment of Bitcoin is not above thirty thousand (30k) during this time of experiencing a green theirs every tendency that it will happen to decrease at any point in time.

Woodie

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If price does not break out from the $22k-$25k zone then there is a high chance of price remaining bearish. I'm certain most believe we are bullish, but what we are seeing is simply a pull back trying to create a lower high then comes the lower low which will be the trading the expected order flow of being bearish..unless that price zone is broken then we shall be bullish.

slapper

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The above uses week candle

According to my analysis, I believe that we will hit $10k in a couple of months if we compare the current data with the data in 2017

But who knows, anything can happen, especially when we are in the era of the unknown. Merely everyday, something catastrophe happens, whether it is a new breakout invention, a conflict between countries, a new pandemic, etc. These events play an important role for the cryptocurrency world and the global economy in general.

In bitcoin, we trust, $15k is the best to buy.

michellee

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Quote from: Abiodun20 on January 16, 2023, 11:59:48 PM

Hmmmm
Awesome, i also believe that as well, but many are just saying, this is a bull trap

Don't always believe what others say because it's not necessarily true. You better find more information to use as material for analysis to find out what really happened. And if it's a bull trap, you should also be prepared because we are again getting discounts to buy bitcoins. Maybe the current bitcoin price can start to increase to the point of $ 21k and will continue to reach a higher price. So if that is the time for bitcoin to start rising again, you should be positioned to make a profit. Don't be afraid of what people say; always analyze market conditions before you decide.

Abiodun20

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Quote from: Nrcewker on January 16, 2023, 09:05:01 AM

Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

No one has really seen the future. So every calls you are getting are based on assumptions and estimations. So yes anything and everything is possible. But currently if you see the price graph, then it’s confirmed that BTC won’t fall further. So if you stop being greedy and buy anywhere under 20k usd, then definitely you will make great profits in the upcoming month. BTC won’t fall further, so yes buying some at the current price will be a wise decision. This is just my assumption seeing the current trend. So let’s hope for the best.

Hmmmm
Awesome, i also believe that as well, but many are just saying, this is a bull trap

Abiodun20

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Quote from: JoyMarsha on January 16, 2023, 08:59:42 AM

As the crypto market is unpredictable, that's how nobody knows the bottom price of bitcoin.

The crypto world is a free space for everyone to speculate on any price he or she feels on bitcoin. I can even speculate that bitcoin will increase from its present price of $20k to $30k before the end of January without facts (Just based on speculation).

My advice to you is to invest when you feel like than wait for bitcoin to fall to a particular price before you choose to.

In bitcoin investment, you only lose when you choose to sell below the price you invested. Apart from that, you are at a profit if you hodl long for bitcoin to skyrocket in price

yes you are very right,
thanks for that great advice of yours

Abiodun20

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Quote from: Fara Chan on January 16, 2023, 07:30:56 AM

Can't say exactly, it could happen and it might not, but we believe it will be difficult, Bitcoin reaching $12k or $10k is hard to happen, at the moment the market is showing Bitcoin continues to rise even if the increase is not very stable and also not very significant and there is a small bull against Bitcoin, we think this is one of the strong reasons that Bitcoin is difficult to enter into this very low zone, now Bitcoin is still at $20k, and this is still on the green chart ( Little Bull ).

Exactly, because no one knows the bottom yet, we are all predicting

Yatsan

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Its price could and could not, we never know. But if it is general possibility and to answer the question, then there's a chance especially ifthere will be something that would make investors and non-investors avoid this technology in any possible reason there is perhaps government restriction. Such scenarios could really pull down this technology. But let us hope this thing won't happen even in the future. For this year's market behavior, it is a good thing recently wherein market prices gone up and I think it is now on the correction phase because that was merely a spike.

Quote from: xSkylarx on January 16, 2023, 09:28:08 AM

Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

We don't know whether it will hit at this price or not, but what I am certain of right now is that it is beginning to pump and that it is the result of the economy opening up and inflation cooling. My prediction to you is quite the opposite: it was on the brighter side than in previous years, but let's see what happens now that there is resistance at 21K; let's see if it breaks it or if we see another bloody year for bitcoin.

A long way to go still and it is still hard to conclude as early as now. Things including price movement is unpredictable in the first place. For sure many people are anticipating the increase in 2024 but let us not close the curtains early for Bitcoin's price.

xSkylarx

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

We don't know whether it will hit at this price or not, but what I am certain of right now is that it is beginning to pump and that it is the result of the economy opening up and inflation cooling. My prediction to you is quite the opposite: it was on the brighter side than in previous years, but let's see what happens now that there is resistance at 21K; let's see if it breaks it or if we see another bloody year for bitcoin.

Nrcewker

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

No one has really seen the future. So every calls you are getting are based on assumptions and estimations. So yes anything and everything is possible. But currently if you see the price graph, then it’s confirmed that BTC won’t fall further. So if you stop being greedy and buy anywhere under 20k usd, then definitely you will make great profits in the upcoming month. BTC won’t fall further, so yes buying some at the current price will be a wise decision. This is just my assumption seeing the current trend. So let’s hope for the best.

JoyMarsha

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As the crypto market is unpredictable, that's how nobody knows the bottom price of bitcoin.

The crypto world is a free space for everyone to speculate on any price he or she feels on bitcoin. I can even speculate that bitcoin will increase from its present price of $20k to $30k before the end of January without facts (Just based on speculation).

My advice to you is to invest when you feel like than wait for bitcoin to fall to a particular price before you choose to.

In bitcoin investment, you only lose when you choose to sell below the price you invested. Apart from that, you are at a profit if you hodl long for bitcoin to skyrocket in price

naira

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

Looks like we got some entertainment! thanks Op you bring a very different atmosphere.

Regardless of how believable Bitcoin is up to $12K, the fact is all you have to do is watch it happen. So let us just take the price that is in sight. You just wait and wait for the $12K to happen. Tongue

Does this make it clear for you to be sure and wait?

ilovealtcoins

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Quote from: Abiodun20 on January 15, 2023, 03:10:30 PM

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come

Who are those callers, are they saints, or do they have a crystal ball? If they don't have those then they are just like us. They make predictions based on emotions or maybe are more deliberately manipulating the market. Don't invest by believing someone's call online, analyze yourself, maybe our analysis is wrong but their analysis is not necessarily correct.

Fara Chan

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Can't say exactly, it could happen and it might not, but we believe it will be difficult, Bitcoin reaching $12k or $10k is hard to happen, at the moment the market is showing Bitcoin continues to rise even if the increase is not very stable and also not very significant and there is a small bull against Bitcoin, we think this is one of the strong reasons that Bitcoin is difficult to enter into this very low zone, now Bitcoin is still at $20k, and this is still on the green chart ( Little Bull ).

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