Bitcoin Forum

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.


Updates: 18/6/2022


Don't forget, Whales and Market manipulation agents looking for Liquidation of Celsius platform. So we will see that level, and even we see lower levels around $6k. I was around crypto market for a long time and I can tell you this bearish season is different from pervious ones. Get short positions.
And Don't forget this is my personal analysis. It may be debunked sooner or later, I personally have a short position with TP around $13,600 and SL around $28,000. I got this position around $23,000.

I am no longer surprised by anything. Until recently, it seemed that the predicted price of bitcoin below $30,000 from the standpoint of this year was unrealistically low. But now we have the price of bitcoin below $23,000. If in 2018 the price of bitcoin fell from $20,000 to $8,000, now it may well fall to $13,000. I remember that when bitcoin went up to $60,000 and above last year, some argued that it could not go below $20,000. Well, we'll see. Three bearish periods during the existence of the cryptocurrency is not yet a reason to argue that it will continue to be so.

It seems quite possible now, that's what we all are noticing. I am sure there is going to be panic if it touches $13,000 mark.

I'm definitely not saying that 13k wont happen (because it's definitely possible) but..


..are you saying that these whales have some Discord/Telegram group for them to be sharing their ideas and sumnthn? And that you're actually in it? Or do you have some sort of mind-reading ability that goes beyond the internet?

I find laughable that a good number of strong voices on Twitter are very convinced and convincing - for more than a week now (!) - that the price is on the verge of going sky high. And what the price does.. we can all see.
13k possible? Clearly. But actually both directions are just as possible right now imho.

If one wants to buy (since one's crypto winter is other's summer sales), then DCA-ing would be best, really. Don't wait for the price get to 13k (or whatever value) because it may or may not reach that point.

Yes. The overall macroeconomic environment and the level of fear in the market could cause bitcoin price to fall below $15,000, or even below, to a single-digit amount in the thousands of dollars. The US Federal Reserve is expected to decide this week whether to increase the reference interest rate in order to "cool" high inflation, and some analysts say that the US economy could be headed for a recession this year. What could happen? Will the world economy fall into a deep recession, or will it simply stumble for a few months and then bounce back? Nobody knows.

In the first place I can see there are more support levels before 13K and since these areas are now broken yet we cannot wait for the 13K. For example, 20K can be the key support area and before reaching the 13 can wait for this level. However regarding the price action of bitcoin since we are still in the bearish phase of the market, I won't be surprised even if we see the lower levels even 10K or lower prices, we should be ready for everything and this situation made everything hard for the holders and especially the people who bought bitcoins on higher prices and especially if they do not have any risk managments plan for themselves.

Your $13k might be too high,

https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds

Analysts have been known to be shit at crypto predictions.
Anyone waiting for 8k Bitcoin should talk to the people still waiting for double digit Bitcoin ...

that is really  hard  mate, 13k? how could this come to that low? any reason or proof? because this is bad speculation as this will bring Fud or less support from the community .
Hope that 20k is the lowest and not to down more , I bought last 27k and believe that increase is coming soon .

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though there is a chance? yet I will never believe this until it happens.

analysts???

wilhelm you are correct.. they are sh!t
legendaryK.. have you even looked at the link you shared..

excuse me but that link is some kid drawing on a chart with a pen

there is no analytical data supporting his colourful scratch marks

MA200 movements is not analytical.
its not Technical Analysis (TA) . its "trend anals" (ta) emphasis on the anal
dont confuse the two

anyone can look back at history and find another dip or spike depending on current situation and call the previous time it happened an MAxxx and then say "its happening again"

EG the MTGox suspension of btc withdrawals in 2014, anyone can make a chart and draw arrows and then say it fits the MA-Y12 model

Various conspiracy theorists and those who live for the moments when average people lose money thanks to their reckless actions have welcomed their moment. Anything is possible and nothing should surprise us, so when asked how low Bitcoin can go, I answer that $100 per BTC is possible, which is actually good because everyone will be able to buy at least 1 BTC or at least half ;)

By the way, the OP post doesn't really make sense, nor is $13k a magic limit that some whales want/don't want to reach - nor are people hungry for Bitcoin at a time when food has risen dramatically and hundreds of millions of people around the world will starve.

You don't know what you're talking about, whales aren't simpletons like you are, they will find a way to be able to make some money in the market because I am pretty sure that they've survived this long because they know how to turn the current situation in their favor. The market will always be unpredictable, don't try to predict it's every little movement because it's futile, might as well look at it at a long-term perspective.

I can only say that everything is possible if we look at the history of bitcoin's movement because we can not predict the price easily. Everything can change quickly without us having time to analyze it, which makes many people panic. But let's hope bitcoin doesn't drop below $20k and can stay at the current price and even bounce back up again so that it can be profitable for us. But if $13k or even $8k is the lowest bitcoin price, we can only wait for that moment to come while preparing our money to buy at that price.

When there is an ongoing trend it is difficult for a total change to happen but only a little can happen with time while trend is continuing. I think for the prediction of this year's price that we are still feeling the move, it may drop even more that we don't expect. The chart from CMC is showing a trend not going to change anytime in a rush.

Why not? that is we are a going to see more dumps at least at the end of the week.

Not sure if you can categorized whales as the one who are dumping right now. They have a lot bag full of bitcoin so for me it doesn't make sense to dump them at all. On the contrary, whales are going to buy tons and shitloads of BTC because it is cheap. If there are people who are dumping right now, it is those who have panic and most likely, newbies or investors who don't have experienced seeing this kind of crash.

Actively trading whales will likely dump when the price dumps because it makes sense too. Most assets don't normally do a small sell off and recover from it - a lot take 2 or 3 legs to do it.

Also if you sell your crypto, you're provided liquidity from the rest of the market and if you can put a buy order below where you sold and have it filled you end up with more crypto.

If you sold 100 btc at $25k and bought back at $21k (if there was enough liquidity) then you'll be able to buy 120btc or have $400k left to withdraw after buying back your btc. It is a risky strategy but they might not care anyway if they're just waiting for a reason to leave with their funds.

If you're selling, $13,000 is possible right now! Why wait until next week?
Seriously though, if you didn't sell at double the price, why would you sell now?

Not this week, a proper sell has to refute the upside case first.   A rush to conclude prices is not often the way BTC proceeds, people like excitement so expect everything now but its a bit of a slower process then that.   The world only turns once every 24 hours and some people are asleep right now, situation development requires involvement of many parties to achieve any kind of consensus and movement.   
  I kinda wish we'd see that low event this week (can be 19k or any price not sure yet) and then put it behind us but I dont think it occurs immediately as we are only just newly arrived in the 200 week moving average area.


Today we've been tracking back and forth across the 12hr average (https://talkimg.com/images/2023/06/12/AsvA1.png).   The first tiny part of moving upwards is returning positive on the latter part of the day at least.

A $13k rise is quite possible this week  8)

Everything is possible if we look at the complications that can happen to the world, for example, when the Covid-19 pandemic was announced, this caused an unjustified drop in the price of Bitcoin, but the price quickly recovered in the medium term.


13k is very difficult in the short term, but it is possible and impossible to continue it in the future.
it will only happen with the occurrence of a unique event such as a crazy interest rate hike, an official declaration of recession, or an WAR III.

At this moment, the worst thing on my mind is breaking the long-term support line at $19,000.

If you're part of Bitcoin whales maybe that wish become true but I think that's impossible to happen to go down further $20k.
It's not easy for a whale to manipulate the price, it's also needed for them a massive capital to do this but they are happy to see many people will bite the trap by having FUD and sell their Bitcoin while at the dip.

I tend to agree, it seems the price will resist this week.

The panic is already taking place in the market, if we reached a price of 13k I think that would be the capitulation stage in which the price will not have too much room to go any lower than that, however while many people will worry at that point and maybe even think about the long term chances of bitcoin surviving, this will be an opportunity that we are not going to see for a very long time, and as such I will make the effort to get all the bitcoin I could at that point.

I doubt this. If the price continues to fall, it must not be caused by dumping whales. It must be caused by fear or panic selling among small-time investors. It is, of course, very possible that the initial cause of all this bear market are whales taking profit, but if you predict that $13,000 is on the way because of possible whale dumping, that's far from happening. Whales are whales not because they sell when the price is low but because they gobble up what cheap Bitcoin weak hands are selling. Whales won't settle with a loss.

Personally, I will not be expecting the $13,000 anymore this time. If we will base the previous bull run/bear run cycles, this level is very impossible to reach again. But if ever it will be, a very mind-blowing, very huge amount of money will be lost in the cryptocurrency market.
Let's be positive it will not reach there.

Below 19k you don't have big points of resistance until you get to 13k. It's really dangerous. Always good to remember that several funds and large investors entered after 2020 that will hardly hold if big tests occur at 19k.

Before that, there were several tests on the resistance of 29k, when it was broken, we arrived very quickly to the current price. Of course, there were several situations like Celsius and the whole market sinking. But we are in a delicate situation. And there are always weekends with low volume and high speculation to test new lows

Read the below news:

https://cryptonews.com/news/celsius-tops-up-more-collateral-avoid-loan-liquidation-faces-eth-squeeze.htm

Whales are really hungry for major liquidation levels. The falling around $15000 is inevitable. We will have a SHORT-TIME shadow, so Get a short position now with good leverage and set up your take profits on $16852.

You will thank me later.

Well it doesn't take a genius to see that's it's possible for the price to even go lower than what we are expecting. And with that said, others might take this a negative, but for the whales, they wanted this to happen because they have a good chance to accumulate again from those panic sellers. There are a lot of happenings around the world that has impacted the price recently and there could be more in the coming months that might pull down the price to this level, just saying, so just be ready.

There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.

Anything is possible in bitcoin, to go really high or to go really low but I don't think this can happen this week. We have stayed in 27/28k for a couple of weeks so I am expecting it to do the same with other lower numbers. The dumps won't be instant but it will go slowly.

Being confused is not in the vocabulary of whales but they already planned their moves in advance. That is important for them because they are professionals. Btc can drop to a much lower price but this didn't remove the fact that btc is still the most valuable coin in the crypto market. They can sell massively only to dump the price but they can always buy more bitcoins once it dumped.

It did not expect that the price of bitcoin continued to fall and this week was more than 33%, this made a large panic and in my opinion worse than 2018, if in 2018 the price only dropped around 40% but until now the price has dropped more than 60% than ATH, This makes us have to be aware of panic and anything can happen.

Liquidation updates on $14000. You can see on below link:

https://oasis.app/25977#Overview

So you can set you takes profits on $14K and make easy money.

The price still Holding above 20k level but yeah Literally 20k is the value now and i believe that there is a lowering chances to happen now .

if the price once fall down below 20k? then we will be seeing this 15k or even 13k lowest ever had after that 68k ATH.

It could be worst if we goes down to $13k, as it is a huge crash coming from $69k. I believed that it can go down to $20k, and it will be the lowest low this bear market. But we are just barely half of the year at the start of the bear cycle and now we have achieved that already. So the future really looks bleak and that $13k might be possible but not sure if we can go that low this week. Just stay vigilant, I'm not going to say that we shouldn't panic, we should, but take this opportunity as a way to stockpile more BTC in our wallet.

But if it really happens, I can't imagine what will happen to the market because a lot of people feel hopeless because the price has dropped so drastically. If people could be more patient at this point, they would see an opportunity to buy bitcoin at a lower price, especially since it's already at $20k and $19k is almost touched. Let's just hope the bitcoin price doesn't plunge to a lower price.

A lot of people also see a buying opportunity. It always works both ways, and it always feels like Bitcoin's price is heavily manipulated.

See this post:

OK then. A scenario with a $13.000 price for bitcoin is possible this week. How will you personally act knowing this? Are you willing to take the risk and buy at this price, or do you prefer to sell like most panicked and fearful of further losses? The words that you need to buy when others are selling and vice versa have already been mentioned here many times. Now is just such an opportunity when you can follow these words.

Bitcoin has plummeted over the past few days but it is still above the $20k mark for now. Bear market is not over yet and bad news continues to hit the market, bitcoin is likely to fall further but i don't think it will plummet to 13-15k this week with a pretty strong 20k support. IMO, bitcoin will have a slight rally and will probably sideways for a while then continue to decline.

Volatility is the thing that confuses their mind the most. They see the price move from 30k to 23k, which is a good chunk of loss for sure, however at the same time that is not something that happens every single day but it just confuses people because they see it "possible".

So next thing they think, "if it can go from 30k to 23k in a few days, then why not be 13k in a week? it did it so far and can do it again" which is why I believe it is quite possible. All in all, I believe that we shouldn't really cause it to be a big deal, I believe this is why there are so many people think that it shouldn't really be a big deal and could happen, when it won't.

It's possible also Bitcoin's current movement is unpredictable. I have seen on a Telegram group where people saying someone from NASDAQ predicts Bitcoin's bottom will be $13K. Although I don't believe it, but it's possible. Because everything is possible in crypto. But my personal opinion is the bottom would be $15K for Bitcoin and we can expect corrections from that points.

I hope Bitcoin will stand at the +20k level so we can see it raising again soon. I am worried a price under this level will make the resurrection of Bitcoin harder, I mean, it will take months or even years to see it getting back to +30-40k which is very upsetting for most people who bought above these levels. I believe many panicked and sold their savings. Personally I will keep it whatever it will cost in this short / medium term!

looking at bitcoin price history (a few years ago) it's very likely that BTC's ATL will hit $15k (I didn't think it would go to $13k)...

the whales are playing with the market using the inflation issue, when the price goes down, they will definitely refill their bag and buy more BTC. before the bulls happen, the best moment to buy bitcoin is now.

That you kidding man, that was fast to reach that low. If that may happen, whales are too happy and to the rescue of buying more Bitcoin but I guess this never happens to Bitcoin. We're still at $22k, which isn't bad to look at and not a thing to worried.

Last bear season we reach down to the bottom at almost $3k but this time, I was predicting $20k is the bottom already and we are very close to that. However, the surge of demand lately, it comes to help the market by lifting it from the low position which is why we are seeing some inclines in the trend. We have these whales and we are thankful to these huge investors who are still holding and even accumulating more, they help to save the market from dropping more.

Its fairly straightforward reversion above the prior decline at present.   Both mid day and 2 day averages if we stay above that in any normal way for this daily bar I think we're ok for the moment because we can reference that the FED rate news came out and we have a possible relief rally from that.  It'll be clearer in 24hr hours but I presume we must work out these prices where we lie just above the 200 week average.  Similar to when we rise alot, the price action must be digested by all parties.
  Later on we might resolve downwards but its abnormal to only move in one direction from my experience its never been that simple.  This is a higher low, a good guess some will speculate upwards and we trade on that for now
https://talkimg.com/images/2023/06/12/As38l.png

It is basically something depending on the outside situations being big or not. Simply put, FED increasing rates could have made it 13k for example, increase it big enough and you are going to get a ton of money out of the markets and into interest which would make it difficult for people to keep on profiting at crypto so they will leave. All in all, its not just about crypto falling for itself out of nowhere, if 13k will ever be reached again, it will be because of something that is irrelevant to crypto itself directly, but does have an impact on it anyway, which is not impossible and could definitely happen.

There's nothing wrong if it drops at $15k soon since that is the best time to buyback/reinvest before holding until the next bull market. But $15k is just too much I think maybe it will stay there then goes back to pump back again back to $20k+ since that is how volatile the market. But it's just too fast to think that the bottom would start this year or this month although the results showing that it is indeed going there.

That would be the nicer thing to happen for those investors which already secure their profits at high price and if the price of bitcoin would really go to $15k which I also think to much for sure many whales will do buy back because this is much cheaper reached compare to the ATH acquired before. So maybe this will be the valid grounds for investors to accumulate because they see this as golden stage to gain for another round again.

I hope the bitcoin price doesn't drop below $20k, a few hours ago the bitcoin price was at a low of $20400, I thought to sell all the bitcoins in my wallet, but after I woke up the bitcoin price had reached $22k or rose more than 3 % compared to yesterday.

Today's price has gone up more than 6% and is approaching $23, and slowly the price of altcoins is also rising so that we don't panic anymore, maybe many will buy again but I suggest after buying be patient and not panic so you don't lose, successful investor is to buy when the price is low and sell when it is profitable.

I really hope that bitcoin does not drop anywhere near 13K. However, after the government's massive overspending during the pandemic and the war in Ukraine still going nothing would surprise me.

If bitcoin did make a correction below 13K, I will 100% be buying quite a bit more. I’m bullish on BTC and I know what an integral role the Blockchain will play in the financial architecture of the future.

I have no doubt that BTC will make huge gains in the near future and I’m confident in my position, it’s just hard to say how bad the global economy will crash in 2022.

It has fallen like what we are going through now.
And it's not a necessity anymore because the second thing happened but it's a price change and correction in the last few years.
To approach the price of $13k I don't think that's happened yet and I'm sure with the current price range of $21k bitcoin will end up going down at least $15k that's for sure.

Lucky that we are now facing increase , I thought that the dumping will continue to below 20k but yes now? we are seeing some good movement as the market is showing greens.

https://coinmarketcap.com/currencies/bitcoin/

But I am not closing the chances of dumping again but at least there is some light now in our market flows.

If you have do both of fundamental and technical analysis to get a conclusion if this season is actually a bear season, but now the price slightly recovered and didn't continue to drop, it's called a bull trap. Usually this happen because the whales are buying the dip with huge amount money, that's make the market is green. But after there's no huge demand and people were panic, it will continue to drop until the weak hands gone.

People will collect as much bitcoin as possible in a corrected market condition like now, but we also have to be aware, that the whales will make a surprise after this correction phase recovers, if it has a chance to buy, then do as much as possible, because I'm pretty sure in the future Bitcoin will pumped to a higher price, I remember very well that 2017 to 2021 bitcoin was at such a high selling price, and in the future it is not impossible that this will happen again

I don't know how feasible it is, but I am still considering the possibility of buying some more BTC for myself. Even if the range could be $1000, I feel it should not be too much of a concern. for BTC. Although I'm not too convinced of the goals people are talking about, I still feel the scent of FUD creating an opportunity to stock up, and if I stand outside and wait for a good time to buy, there is not much to say. Only those who have been investing with losses will feel more tired of this situation. And of course, the one thing that I see in someone's disappointment is also an opportunity to seize.

I've read some social media discussing Bitcoin, their predictions Bitcoin will fall to the level of $ 10k around October or November, for sure we will see the results of their predictions that I have read.

For me thin expectations of $13k in this month.

Bitcoin is starting to look green for now but I don't think it will last long, there is still a lot of panic from the whales by dumping bitcoins at cheap prices that will obviously push the bitcoin price back down, currently bitcoin price is at $20K level and this could be a support level so when the sentiment is negative and the whales continue to dump bitcoins of course the bitcoin price has the potential to fall lower than $20K again.

Na i believe it will happen slowlg. We end up doing the same thing at 28k for some months here at 20/21k.

Wil not start buying starting q1 2023.

It is difficult if Bitcoin continues Red, I hope the market does not repeat the bad period that occurred in 2014 when the price of 2013 reached $ 1100 and then dropped below $ 150 in a short time, then the next bad trend occurred in 2018, many always connect with The trend of 4 years and until now is a fact.

Well, I strongly believe that it never happen again. In fact, if we base on their previous bottom price during the bear season, it is gradually increasing. Such an indication that despite the possible corrections, the market crash, or may the history repeat itself but never I think the price and in every 4years cycle will be the same. I would say that the price of Bitcoin won't drop below $20k. I may be wrong but that is my assumptions seeing the mindset of the people had changed after the last 2018-2020 bear season.

$15k doesn't make a sense for me. I am pretty sure all whales had Bitcoin bought at 2017 ATH or later. We are talking about 5 years period. How many whale was sleeping since? That's quite long period. Driving the price down that way is surely the role of panic selling and new whales entering the game to profit from the short fluctuations of the price.
Although I won't be bothered by the whatever bitcoin price will be next but I hope we stay over the $20k barrier. It is a psychological one imo.

Honestly 20k didn't made sense to me neither, but it happened. So I am not entirely sure what the bottom is anymore, anything could happen. It feels like the bottom is endless but we gotta remember that the upside is endless as well. Think about it this way, if someone told you that they dug a 100 meter hole, thats impressive, if it is 1km down thats insane, if it is 10km down (which I do not know if its possible) thats unreal. But when we are talking about going up, its not just meters or kilometers, we get light from 7 LIGHT YEARS away, so thats 7 billion years ago reaching to us just yet, so imagine how further away that is. Hence, it can go down as much as it wants to, but I believe that the end game is limitless, bitcoin could go up to ANY price.

I know this is going to sound a little daft, but this might the last chance we have of getting Bitcoin for this cheap. Obviously, no guarantee, but even if it isn't the cheapest it'll ever be, I do believe that in the long term you won't be seeing these sorts of prices, so might as well accumulate some if you believe in Bitcoin. Don't wait for the absolute bottom, as you'll likely miss it.

For anyone panicking about what the bottom might be, and what the long term outlook is, I'd encourage you to take a look at the fundamentals of Bitcoin, rather than its current price. Its current price isn't going to influence the long term price too much. We're already seeing stubborn people like me, who won't be selling whatever the price hits. Which means, even when the economy is crashing down, we believe Bitcoin will bounce back.

Plus, I'm by no means in the select few there. There's plenty of people with this attitude. That's quite telling, and almost a little special, since any other investment doesn't have that belief. Even when you support your favourite team, you can lose faith when trailing. Bitcoin has done a good job of convincing a certain amount of people, to keep it reliable.

I'm not as concerned about people losing faith as I used to be. Especially, when it comes to merchant confidence. Although, I do think we'll see the most merchant adoption when Bitcoin proves to be a more stable currency, which we're a bit off right now.

You really think it's that easy to break through the historical support and resistance levels?

How many weeks did it take to break through the $30K-$28K region?

It's also said that Bitcoin has never broken below an all-time high of the previous cycles. Now, there is always a first time for anything, but don't expect bitcoin to break through the historical level ($20K)on a first attempt. As you can see, right now it's holding.

$13K looks far away right now, but it's not impossible to reach but certainly not this week.

^ Though the BTC price is unpredictable I definitely disagree with you.
That is too much for me and I think the BTC price won't even drop below $20k. If the BTC price will break the resistance level of below $20k there will probably be a chance it will drop further but $13k is still too much for me.
However, anything could have happened but I am still hoping the BTC price will not drop like to the ground. I know one of these days BTC price will recover.

Yes, understanding how the market behaved breaking down to the price of $28k will make you understand $13k isn't anything near. Most of the users are in panic and the same can be used as a way by the whales, but a drop to such a bottom reaching below the previous ATH of the 2017-18 market seems to take time.

Rather than the reality of the market, majority of the user minds were filled with bearish market move. This can possibly create a negative market impact than moving on the positive side.

Even if chance is slim but there is a possibilities that we will go down to that figures especially if the heavy support will be break one by one and selling pressure will be so heavy. But hopefully we will not come to that point and major supports will came to lift back bitcoin to its huge price level so that we will not left shock by events since for sure many people will lost their money especially those people who hold for more longer period of time because they think bitcoin will bounce back again.

That is very possible for bitcoin as there’s no way that bitcoin will recover instantly. So most likely, it will fall further even below $10k the least possible. And the good thing is people will love it more as they have more opportunities to buy a lot of bitcoin with its cheapest price. So I guess everything is possible this week as long as the bearish market continues.

Of course the price will always be manipulated. The reality is that we are in a market where it takes a while before people could make a decision, not that it is impossible to make quick trades but most of the people do not do that, most people take a while between each move. This means that we are giving manipulators time to arrange and organize a move, they could literally trade all together at the same time, while pumping some news about how good or bad it is doing.

This will result with people who are waiting to make their next move, see these moves before they take action, and change their approach accordingly. To prevent it, you need to be putting either years between your actions, or minutes, anything in between is at risk.

But we don't know how far bitcoin will fall and now only $20,000 as the base price can still be maintained, honestly I've placed several entries in the current price but when the price is lower then it should be ready to hold more bitcoins I think the lowest price will definitely be solved below again, but with the modal must be prepared to add to it.
But I'm not sure the whales will continue to throw them out, they'll keep them and buy when we're in a panic, so trust me with the current lows it will be the last one and it won't be far away.

I don’t think so that Bitcoins will go so much down.
It might go till 18k USD at minimum. But won’t fall below it.
Yes all have known the true values of Bitcoins. So everyone waiting for people to sell their Bitcoins, so that they can buy in comparatively lower price.
We all are waiting for Bitcoins to rise, so as soon as Bitcoins reach it’s lower price, it will rise again.
So we need to just wait and watch and have patience.

I think it will go lower than that since the bear market wants to f*ck investors and holders so whales and exchanges definitely going to have funds to kill long accordingly to that price mark. Just like how we were back a few weeks ago wouldn't really foreseen BTC come to 20k price mark.

Why not? To drop to $13k isn't impossible, mate. We are just in the first year of the bearish season, there is still 2023-2024. And don't forget that there will be a lot of negative news/issues about Bitcoin and crypto during the bearish season. I believe the Bitcoin price will be pushed to drop below $15k. I don't make my own prediction about this, there are many experienced investors/traders who have the same feelings about the lowest price of BTC in this bearish season to be lower than $15k (probably $10k-$15k). However, it isn't a sign that BTC is no longer having a good value. This drop is needed to trigger the next big pump in the upcoming bullrun in 2024-2025.

I hope you're right, because I can't imagine if Bitcoin dropped to $13k it would make many investors panic. Hopefully the Bitcoin support price is
strong enough to keep Bitcoin from falling to $13k, therefore I always suggest to continue to buy Bitcoin regularly in the current bear market
situation, so that more people buy Bitcoin should make the price of Bitcoin go up. So far, the Bitcoin price movement is quite stable above
the $20k price, hopefully next week there will be good news about Bitcoin, so it can make the price of Bitcoin at least rise again above the $25k price.

Then most people are waiting to buy Bitcoin at a cheap price, but even now it can be said that the price of Bitcoin is very cheap and there is also
a possibility that Bitcoin will recover in the near future, so don't be regret if we miss buying Bitcoin at the current price. I think we should not
just wait patiently when the Bitcoin price has fallen this far, we need to help make the Bitcoin price recover by buying Bitcoin again now according
to our respective financial capabilities.

Market trades are like trying to hold a snake, it will double back on you and bite you.  When you let go it will do as it wishes anyway and resume its course from beyond your position.   Price action isnt often going to continue in simple straight lines across days and weeks because it would be entirely simple to benefit.   Price levels test boundaries before moving in the path of least resistance but usually it has find a lack of sellers or buyers before that.

$13k is something very low to be reached in a week's time. Think of the price point around $30k. It took time and it maintained the maximum possible chances to resist the downward movement moving within $28k to $30k. After a long it started to drop and within a couple of days it marked the $20k point. Same as that happened around the $30k it takes time, if the market is to fall lower than the present price.

Every time I see the numbers 20k, 15k, 13k, I don't believe in that bitcoin price. But now bitcoin is already worth almost 19k and it only needs to drop 30% to reach 13k. I guess it's not as fantastic as it looked a month ago. Now we just have to hope the price doesn't fall even lower. Surprisingly, altcoins are not reacting much to bitcoin's continued fall right now.

Don't forget, Whales and Market manipulation agents looking for Liquidation of Celsius platform. So we will see that level, and even we see lower around $6k. I was in the market for a long time and I can tell you this bearish season is different from pervious ones. Get short positions.
And Don't forget this is my personal analysis. It may be debunked sooner or later, I personally have a short position with TP around $13,600 and SL around $28,000. I got this position around $23,000.

Bitcoin is looking for a bottom, we're really seeing a strong push for it and today frantic traders have swayed the price where the low in the last 24 hours was $18.7K based on cmc. Obviously there are two directions that are always possible, but at the moment bearishness is heard throughout the space and that has raised concerns.

The market cap of bitcoin has dropped and is currently at $369,572,716,314, this of course won't be able to convince anything about the possibility of $13K but we are aware that $13K is always possible. But you don't have to wait for a deeper dip just to find the right time to buy, maximize the opportunity now and do DCA.

The discussion of value must always be the most talked topic about bitcoin, especially when the price rises or falls sharply, as it is now.

Seeing the dynamics of price changes, we can safely expect a fall to $13k. The fact is that now it is precisely decadent moods and such an outcome of events that can't be ruled out.

Should buy now? I have no idea. The price is falling too fast and therefore there is a chance to wait for a lower price for bitcoin.

But that's the case with bitcoin and we can only hope the price doesn't drop any deeper. Should the price drop deeper, we can do nothing and can only wait while buying more bitcoins. Bitcoin will be as great as it used to be and it's only a matter of time. But altcoins may have a chance to increase again because seeing altcoins decrease not too much. But I don't know. Hopefully, altcoins can strengthen and rise again.

The price of bitcoin is currently experiencing a significant decline, I thought the decline would stop at $20K but somehow today bitcoin fell to $19K, it seems that the negative sentiment that hit bitcoin has not ended and many experts predict that bitcoin may go down until it reaches $15K, I really hope the current negative sentiment ends quickly and hopefully the bitcoin price can pump again in the near future to break all predictions from bitcoin haters.

Bitcoin will continue to fall that's what we are seeing today with a drop of 11% in 24 hours to 18.3k I realized this is a very crazy drop after many false predictions and sure enough we will be in the deepest circle.
The more it falls it won't rule out the possibility that $13,000 could happen in the near term, I'm also only seeing daily movement until it bottoms out and then bounces back up again, we're still in a bloody market scope.

The best idea right now is to buy and do a DCA, don't you think that's very useful? It's true looking at the current chart makes for an uncomfortable mood especially since we have a number of assets, but if I have enough capital that I can safely invest then I believe buying is the best advice.

For today I don't see any meaningful price recovery attempt, it's possible to see a decline to lower levels. If the selling pressure is still strong enough this week, the bitcoin price will return to its lowest point. Many people think that this is the best opportunity to buy, but of course worry will prevent some of them from taking action to buy. If someone were to ask me directly about whether it was the right time, then my only question would be whether he or she is ready to take all the risks.

Just buy for every $5,000 dropped or every $2,000 dropped depends on how large your budget to invest for quite log time enough as yeah the free fall might continue in these bearish season , not only in crypto ... every single financial market outside crypto are crashed!

So yeah keep buying if you are a believer or else follow op to make a short position to get what he called 'easy' risky money , nothing wrong though.

the price of bitcoin has fallen below $20k and it is likely that the price will stabilize around $17k, but $17k is not a final buy point because if the price of bitcoin falls below $17k it will most likely touch $13k. No one expected this situation to actually happen but the crypto market is full of mysteries, so you have to be prepared for any situation because $13k is very real.

for now bitcoin is experiencing a small increase, so it is difficult to make precise predictions, the market is currently quite volatile and tends to be speculation made beyond expectations, I think if we do have the opportunity to make a purchase, it is now possible for us to do so, because if bitcoin has experienced a steady increase, for the purchase price will be higher and it is difficult to achieve a suitable return

At least we can still be optimistic because today the price of bitcoin is around $ 21k, there is a chance to reach $ 22k because I see prices in several exchanges have reached $ 22k, in hitbtc and okex the price is $ 22k, of course everything can happen, and this What makes me prefer to trade daily because there is always an opportunity for profit even though it is small.

even if we will be optimistic , yet we are in search for the real growth because what we are seeing now is something like another trap, not until we hit 30-35k again , every growth may bring us trapping and we will be losing in the following days.
but what I am seeing now is the 25k barricade and this will make difference once hit again.

The only possible way for Bitcoin price to drop down to $13k is mass panic. I think we have already faced that; previous week, when Bitcoin was loosing thousands per day. Whales, those who people love to blame much, understand, that it is bad to run for infinitive accumulative phase, because it might turn that no one will want to buy Bitcoin in future anymore, as there will be no trust in it.

Well we have seen this before. First UST/Luna, then Celsius. I have a feeling more is going to happen and 18k will not be our safe support zone.

If it works out i plan to buy some extra.

I guess the dump is finally over, bitcoin is already over $20k now, and it is consistently recovering.

Bitcoin reached $21k already today, and this is a good sign that bitcoin will not dump below $20k anymore.
The opportunity was there, if we fail to accumulate, we might miss the opportunity to make a short-term profit.

In order for bitcoin to convince people that it's back bullish, it should break $30k soon because that's a big milestone for a new success after a hard dump.

I can see your predictions are wrong mate.
The lowest BTC went was around 17k usd, and now within 48 hours it has started recovering.
BTC at now is at around 22k usd. So we might see some increment here.
If the price keeps on increasing like this, then soon BTC will break the resistance and come out of 30k usd mark.
But still these are all just assumptions and estimations. Anything can happen in between.
Nevertheless let’s hope for the best.

for now bitcoin has started to trend in a positive direction, everyone feels safe again. but in the future we can't predict whether it will go down again to 13k or even to 30k. After what happened to Luna, I think people will panic a little because this concerns the future of many people. Many people invest in bitcoin, of course, people don't want to lose their money just like what happened to Luna.

Now bitcoin is starting to show signs of rising prices, but my advice is to stay alert because bitcoin could be corrected again due to the impact of the FED decision not disappearing some time ago, bitcoin price movement in my opinion looks more stagnant and bitcoin could move back to bottom If there is a negative issue that will hit the bitcoin market again, under current market conditions it might be better to switch for short-term trades to get a little profit.

from the beginning of this year, it's the opportunity of investors to purchase cryptocurrency and especially bitcoin in quantum indecencies that the price was at range of sixty thousand (60k) and decreased from sixty thousand to forty thousand, so therefore any investor who knows how to read chart or the movement of candle sticks knows the proportion or tendency that bitcoin is going to fall beyond expectations, so this is the right opportunity to accumulate investment against bullish market for when it will start experiencing increment

I wouldn't say it is "over" but at the end of the day we would never know. Has it recovered? Yes it has recovered a bit and the price is higher right now, and that is a great thing but it has "recovered", doesn't mean that it can't get lower again as well which is the biggest problem.

This means that we are going to be living in a situation where it is unknown until it happens, so the price could stay above 20k and go to 30k slowly and then even higher, or it could suddenly crash again and drop to a new low level, which is a big problem. I am really not sure what is going to happen but just like the typical of me, I will just hold and do nothing else.

Global economy still struggling due to crisis happen so for sure there's still a chance that bitcoin would dump for more and its projected to go at $12k -$13k so we need to be careful on our decision making on this because we might fall on the trap if we think that recovery already happen. So best for now for people who want to earn is to execute short trades and never hold because for this we can minimize our possible losses if market starting to drop again.

And with some rumors about Coinbase and they're on the hot spot for suing. Well, a massive panic would really cause the market to plunge for more that we don't want to see.

Well, that's at least for the holders like me that don't want to see more drop.

But for those excited investors and waiting for the greater opportunity like buying it on $13k, well, two things as usual. It's either they're waiting for a real thing or just they'll wait for nothing.

Frankly, market deserves cleaning long time ago. We have so many alts with similar ideas, so I am not worried of some of them dies completely.

I've noticed many starts talking about recover. I do see any recovery right now; we are trampling around the same. Yesterdays growth is completely countered by drop at night. I expect Bitcoin to be around $19-21k for next week or two, and then go lower, lets say to $18k. We will be on that level for some time, and than go deeper. World economy still in huge trouble to speak about any kind of recovery imo.

Yeah the last proper purge was 2019/20. Don't think it got much cleaner than then, but then it all got smelly and dirty again the moment defi and nft bullcrap reared their heads again. You know, ICO guys dusting themselves off for another round of ponzi-farming.

We're seeing nonsense nft gaming and metaverse (their themes, not mine) tokens down 90% from November already, but that still needs to pull in the last remaining bit of dumb money, get a few flashes up and then die their natural deaths.

I like the romantic decoupling notion too but as I always insist, based just on myself and others living actual lives, when you gotta put food on the table and that food costs more than what you earn, you sell Bitcoin. It's not like we want to, you have to. Worst case, pause DCA. Either way, people are going to be forced to contribute to selling pressure or removing demand until their personal finances settle.

Actually, we are always living in unknown market here ever since.
Because even before, no one really has the power to predict the exact future of this market.
So as the market seems to be very inconsistent, you can just observe and act on what you think is favorable on your part.
$13k is very possible, so at that point, you should know what to do, either buy more or hold off.

The lowest price since ATH is around $ 17k and I hope not to drop even lower, if the market continues to drop certainly makes many people panic and will make prices continue to fall, but many are waiting for a low price moment because they plan to buy, in my opinion this is an idea Good is buying when low prices.

The bitcoin price gaining between $2-3k these last days boosted the confidence a little for many users to regret not buying in the dip.
For now the price is hovering around $20.5k +/- 0.5. Hopefully it will rise again to +$30k by July.

Many are waiting for the price of bitcoin dropping below $ 20k even under $ 15k to buy, on FTX and HitBTC I see someone put up a buying price of around $ 15k with a large value of up to 10 BTC, only the whales have huge money and do it, with facts Like this I'm sure that never sell Bitcoin at a cheap price, the Pope can pump whenever they want.