your question is different from the others, someone wants the price of bitcoin or Btc to find its highest point again. I know what you want from the question you asked, you want the price of Bitcoin back at a low value for you to invest in it, right?
In my opinion, looking at the current market situation, the price of bitcoin will be even more valuable, even if the value drops not that low, friends
Topic: Will Btc get to $12k or $10k - page 2. (Read 1905 times)
To be honest, nobody knows what tomorrow will bring for Bitcoin , it means every scenario is excepted to happen nowadays. Do you remember when Bitcoin hit ATH ( $68K ) in 2021? . At that moment everyone were optimistic in Bitcoin’s future and expecting to see another strong bull run but unfortunately, the opposite has happened, It went down to $50k , $40k then $30. In conclusion, you have to predict the unpredictable, listen to nobody and adapt yourself in every new condition. Also it is preferable to prepare multiple plans, that would be effective especially in tough situations such as sudden and significant bear run.
I think nothing is impossible in bitcoin price movement, today the price reached more than $ 28500 but if there is a crash it can be easy to return to $ 10k, this is common, for example like in 2021 it reached over $ 69k many people said it was impossible the price will drop below $30k but it only took 5 months for the price to drop below $30k.
Surprises can happen at any time, but if you carefully analyze the market as well as combine other factors, the possibility of bitcoin falling below $12,000 is unlikely. For me, last year the bears were unable to bring bitcoin down to 10k, this year it is even more impossible because bitcoin is recovering very well.
All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??
this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come
Bitcoin price is unpredictable sometimes we will see it on 15k$ until it reaches 30k$ and down to 27k$ today, in my part i expect bitcoin will rise up high maybe above 60k$ because i know that if this will happen my altcoins holding will rise not only my holding all altcoins will become affected and bullish season will begin, i hope that it will rise soon. 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
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??
The price of Bitcoin is greatly influenced by demand and supply, the high demand for Bitcoin makes the price soar and vice versa. If many are selling bitcoins but buying almost none, then the value will fall, even lower than the price you mentioned in the topic. Negative issues regarding crypto assets around the world also affect the price of Bitcoin, such as hacker attacks on crypto servers can make the price fall. Decentralized Bitcoin cannot be intervened by any government, but when Bitcoin is still in the mainstream of a country's regulation, then that country can intervene which of course can affect the price of Bitcoin.What if I say that one day the price of Bitcoin goes to $0, if the whole country compactly bans Bitcoin and the crypto asset trading companies in their area there will be no more buying and the price collapses even smaller than imagined.
Any kinds of negative news not only in cryptos can affect cryptos badly. Bitcoin is decentralized but the government can still ban it in a country. How can the price collapse when it is already zero? But a zero price per BTC is possible if all country bans it. We can't say that people will not follow their government rules because there are serious punishments about it once they get caught.
I realise this is an old thread, but there are still bears out there thinking that $10K/$12K is possible, even likely. Many invalidated their own theories once $25K and 200 Week MA was reclaimed, as many suspected price wouldn't be able to get back above this level and therefore lower prices would arrive. But those that thought price wouldn't be able to reclaim $30K still believe in this theory and feel validated right now.
Personally, as I've said before, since reclaiming even just $20K I don't imagine this will happen. To me it seems that Bitcoin has served it's usual 1 year bear market, and this year is the recovery, even if price remains range bound between $15K and $30K. There is simply too much volume support between $15K and $23K for bulls to defend for prices to go lower. The time for $10K has therefore since passed imo.
Personally, as I've said before, since reclaiming even just $20K I don't imagine this will happen. To me it seems that Bitcoin has served it's usual 1 year bear market, and this year is the recovery, even if price remains range bound between $15K and $30K. There is simply too much volume support between $15K and $23K for bulls to defend for prices to go lower. The time for $10K has therefore since passed imo.
Generally market will be bullish after a long period of bearish and after bullish it will turn into bearish gain. In the current market condition the price may be corrected. However, in my opinion, it is almost impossible for the market to go below 15K. Moreover, currently some investors are waiting to buy Bitcoin at 27K but that dream is very difficult to realize at the moment. So it is necessary to think accordingly. It may be difficult for you to purchase Bitcoins. Because there are more possibilities for Bitcoin to be bullish in the near future.
As the Bitcoin market goes up and down again. And what you may not know is that the cryptocurrency religion is a bullish market, sometimes high and sometimes down. But as much relief as you can get by investing in bitcoins but not so much relief by investing in all other coins instead you feel discomfort by investing in altcoins. Bitcoin was once around $15,000 but is no longer there and has rebounded to touch $31,000. And the position the market is in right now, I believe it will go back to its previous position again next week.
Regarding someone's relief in investing, of course it's not wrong if choosing Bitcoin will feel more relieved than choosing altcoins because investors who have known Bitcoin for a long time will obviously not feel afraid if there is a price decrease in Bitcoin because they still really believe that Bitcoin can experience recovery. more significantly if there were no issues that could sway many people from holding onto Bitcoin in the long term. And this has indeed been proven since January until now where the level of price recovery has been clearly seen in Bitcoin. 
No matter what happened ? I believe that Bitcoin will never go that low.
Not unless there will be another Pandemic like COVID that will effect the whole world economy.
But as long as the market will show this level and strength? I don't think that Bitcoin will go that low.
and also remember that this market can be played or manipulate depending on how we will react .
Not unless there will be another Pandemic like COVID that will effect the whole world economy.
But as long as the market will show this level and strength? I don't think that Bitcoin will go that low.
I don't think the price will reach$10 or 12k, lowest $20k or $15, but now the way the market is going, it can be hoped that the market will not be a bear market again.
we never can tell mate , we have even drop to 14/15k from the highest of 68 thousand dollars , so expecting this not to happen is far from what market can bring.and also remember that this market can be played or manipulate depending on how we will react .
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??
The price of Bitcoin is greatly influenced by demand and supply, the high demand for Bitcoin makes the price soar and vice versa. If many are selling bitcoins but buying almost none, then the value will fall, even lower than the price you mentioned in the topic. Negative issues regarding crypto assets around the world also affect the price of Bitcoin, such as hacker attacks on crypto servers can make the price fall. Decentralized Bitcoin cannot be intervened by any government, but when Bitcoin is still in the mainstream of a country's regulation, then that country can intervene which of course can affect the price of Bitcoin.What if I say that one day the price of Bitcoin goes to $0, if the whole country compactly bans Bitcoin and the crypto asset trading companies in their area there will be no more buying and the price collapses even smaller than imagined.
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The most common things that give headaches to most of investors (if not all) in this industry is chasing the hype, going against the market, doing futures while over leveraging, falling in love with their coins, not preparing extra funds for DCA-ing and investing amounts that they cannot afford to lose. If an investor or trader just avoids doing these things while equipping himself with the proper knowledge before even testing out the waters, I believe there won't be lots of things to worry about for that person. In fact, with patience, profits are assured for such a person in the long run with less stress and overthinking, lol.
On a side note though, we still have 25k levels which is quite strong so it's quite unlikely to see such drastic drops as to what OP mentioned. But just in case, it would be best to prepare funds to buy more just in case Sh*t hits the fan again.
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
As the Bitcoin market goes up and down again. And what you may not know is that the cryptocurrency religion is a bullish market, sometimes high and sometimes down. But as much relief as you can get by investing in bitcoins but not so much relief by investing in all other coins instead you feel discomfort by investing in altcoins. Bitcoin was once around $15,000 but is no longer there and has rebounded to touch $31,000. And the position the market is in right now, I believe it will go back to its previous position again next week. 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
I don't think the price will reach$10 or 12k, lowest $20k or $15, but now the way the market is going, it can be hoped that the market will not be a bear market again. who say bitcoin price can come from $10k to $12k, I don't think bitcoin will reach that $10 to $12k. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future. this is the character of Bitcoin, every time you reach ATH, it will drop until the price is close to the start before increasing, this character is repeated every time you reach ATH, so it's no wonder that when the last ATH is in 2021, it will decrease afterwards.
For bearboys then this is where they do really wish for on which seeing this kind of low prices for them to get in but it seems that we wont really be seeing these numbers anymore considering that whenever we do have some decline, the price starts up to climb or recover which it do really make things not that easy as it looks unless if there would really be some huge major fud along the way which would cause up for the price to go lower but honestly it is really just that too far if we do base up the numbers but well this market could really be able to surprise you on least expected which you should always accept the fact about the probabilities. If ever the price would really be going that low, then there's something wrong in the market but dont worry since there would be lots of people who would be trying out to buyback into those points.
I don't think the price will reach$10 or 12k, lowest $20k or $15, but now the way the market is going, it can be hoped that the market will not be a bear market again. who say bitcoin price can come from $10k to $12k, I don't think bitcoin will reach that $10 to $12k. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future. this is the character of Bitcoin, every time you reach ATH, it will drop until the price is close to the start before increasing, this character is repeated every time you reach ATH, so it's no wonder that when the last ATH is in 2021, it will decrease afterwards.
This thread quickly got old in my opinion. Honestly I was also in waiting list for Bitcoin to drop 10k dollar level. I was planning to do bulk buy orders around there. But anytime bears tried to drive price towards 14k there was huge resistance. Invisible hand didn't allow Bitcoin to drop those levels. Well "invisible hand" decides everything in markets. Now I better hope Bitcoin to not drop 15k levels again because I gave up waiting game and decided to buy around 22k levels. Now im in + window.
While I accept the fact that price could still capitulate down to these levels, there are too many arguments now to claim the bottom is already in, as opposed to price making new lows.
Yeah, it's hard to argue against a new lowest low, I think we might have seen the worst already after the FTX collapse at $15,500. And after that January was huge month for us to totally go up in $20k'ish, very bullish and up to know we are still in the same sentiments.
So for me the bottom is in already, I'm not seeing a big downside to $10k-$12k levels.
And with that, the opportunity is no longer there, the new $10k will be $25k in my opinion.
since i bought bitcoin and it dropped significantly in 2018 and 2022 now i always thought that bad things could happen anytime, even though the current price looks very high, as we know that in 2017 the price reached $19k then it dropped below $4000 in 2018, and in 2021 the price reached $ 69k then in 2022 it will drop again to around $ 15k and the bitcoin drop is more than 70%, so if one day the price drops to $ 10k in my opinion it is normal.
this is the character of Bitcoin, every time you reach ATH, it will drop until the price is close to the start before increasing, this character is repeated every time you reach ATH, so it's no wonder that when the last ATH is in 2021, it will decrease afterwards, but at the beginning of this year there is certainly a surprising increase but it can be said that it is only a surprise and will not be able to achieve a significant increase.so it is likely that it will increase starting after the halving period occurs in 2024 and a year later 2025 is when ATH will be renewable.
now is the right time to keep buying because you can be sure the waiting time is not too long to be able to increase.
This thread quickly got old in my opinion. Honestly I was also in waiting list for Bitcoin to drop 10k dollar level. I was planning to do bulk buy orders around there. But anytime bears tried to drive price towards 14k there was huge resistance. Invisible hand didn't allow Bitcoin to drop those levels. Well "invisible hand" decides everything in markets. Now I better hope Bitcoin to not drop 15k levels again because I gave up waiting game and decided to buy around 22k levels. Now im in + window.
Anyhow, it's interesting to hear many Bitcoin bears are still expecting price to drop lower. Maybe not to their initial $10K level, but something like $12-14K, despite the considerable increase as well as numerous indicators suggesting the bottom is in (even if we reset the lows again). All to do with the macro-economic environment apparently, completely ignoring Bitcoin's +70% increase in 2023 so far within this "bearish" period.
As the saying goes, bears will be bears so obviously they might even want to see the price going <$10k. So doesn't matter to them if we've seen a 70% since January, they will have to always be creating FUD to bring the price down and maybe hoping to see another black swan event.
But for us, bitcoin enthusiast, the price is looking healthy at this point and we might see not any lower lows for this year. Most likely $20k is the likely the support at this level. And we could be well on the way to hit $40k or higher at the end of the year period, in preparation for the block halving and the eventual bull run.
since i bought bitcoin and it dropped significantly in 2018 and 2022 now i always thought that bad things could happen anytime, even though the current price looks very high, as we know that in 2017 the price reached $19k then it dropped below $4000 in 2018, and in 2021 the price reached $ 69k then in 2022 it will drop again to around $ 15k and the bitcoin drop is more than 70%, so if one day the price drops to $ 10k in my opinion it is normal.
No one knows what market will be in the next following weeks or months but in any situation like that, those who thinks differently will be the earner as they will continue to invest against the market situation, I mean even heavy downfall is taking place they will still collect those cheap coins and hold.
In the long run, they will enjoy the benefits since Bitcoin always has a good bounce back if we all going to be base it from past market experienced.
It's more about how you find your way to aim for good advantages and keep yourself positive to enjoy the opportunities that opened to you to invest and earn decent benefits.
This thread quickly got old in my opinion. Honestly I was also in waiting list for Bitcoin to drop 10k dollar level. I was planning to do bulk buy orders around there. But anytime bears tried to drive price towards 14k there was huge resistance. Invisible hand didn't allow Bitcoin to drop those levels. Well "invisible hand" decides everything in markets. Now I better hope Bitcoin to not drop 15k levels again because I gave up waiting game and decided to buy around 22k levels. Now im in + window.
Smart move I think. Even in summer last year I was speculating how $22K could well be a level to confirm a bear market bottom, the only difference being it came around early this year instead.
Anyhow, it's interesting to hear many Bitcoin bears are still expecting price to drop lower. Maybe not to their initial $10K level, but something like $12-14K, despite the considerable increase as well as numerous indicators suggesting the bottom is in (even if we reset the lows again). All to do with the macro-economic environment apparently, completely ignoring Bitcoin's +70% increase in 2023 so far within this "bearish" period.
Personally around $15K I was expecting price to slide lower towards $10K to $12K, especially after previous support/low broke down, but quickly changed my tune as soon as $20K was reclaimed. That was my level to flip bullish if the previous support was reclaimed, and it certainly didn't disappoint as a theory. Especially with price re-testing this level after $25K in order to turn the 200 Day MA into new support.
While I accept the fact that price could still capitulate down to these levels, there are too many arguments now to claim the bottom is already in, as opposed to price making new lows.
since i bought bitcoin and it dropped significantly in 2018 and 2022 now i always thought that bad things could happen anytime, even though the current price looks very high, as we know that in 2017 the price reached $19k then it dropped below $4000 in 2018, and in 2021 the price reached $ 69k then in 2022 it will drop again to around $ 15k and the bitcoin drop is more than 70%, so if one day the price drops to $ 10k in my opinion it is normal.
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