Bitcoin Forum

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

You might want to move this to the Speculation section, as it's more appropriate there.

As far as your prediction goes....people always start calling doomsday when prices sink and moonshot when they're going up.  Sometimes they're right, sometimes not.  Things are looking pretty dire at the moment, so who knows?  I certainly didn't think we'd be seeing bitcoin dip below $20k this year, but c'mon--this is bitcoin we're talking about.  Crazy-ass price swings have always been a part of the game.

Stay optimistic, all of you who are panicking. 

The fundamentals are not good for btc

Ask yourself this question:

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet  The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...

Another time traveller it seems. I can't wait for bitcoin to cross sub-$10k again and by then, I will make sure that I won't make the same mistake of not buying a lot when my finances can afford such a purchase. Autumn is usually where things go haywire and pumps happen, so I'm not quite sure whether we'll see even more dips by then. But hopefully you're right, just for the sake of a good price to buy in.

The question you should rather ask yourself is why have people been paying far much higher for it previously, why have people fomo'd into buying bitcoin even when it was above 50k USD, so why wouldn't they buy now, when nothing changed, just the normal volatility.

Your prediction just like some others in the past wouldn't age well, just to provide an answer to your question, people will buy bitcoin because of its usefulness in the society for btc enthusiast, it can do stuffs other than just holding or leaving it in your wallet.

In these moments, the extremist analyzes will appear, whose owners are trying to appear that they are smart, considering that Bitcoin will go to either zero or to 10 thousand or others. All of these are arguments that are supported only by the fear of loss and it may not happen. If it happens, try to learn how to benefit from it, otherwise do not concern yourself with it. .


What you are trying to say is a nice version of the statement that Bitcoin is dead.



https://www.bitcoinisdead.org/

All the times people said Bitcoin is dead, Bitcoin proves the opposite after a few years.

Speculation / gambling ...not investment,also it's a pump and dump game that noobs do not know ...

The internet is full of pump and dump groups https://www.telegram-groups.com/pump-telegram-group/

Yup its dead..

https://i.imgur.com/X2ylRyg.png

I know such an analogy, from a logical point of view, of course there will be no result if we just keep it in the wallet. But please what if you look at it from an investor's point of view? they know when to hold on to long-term interests. Bitcoin hasn't just dropped once and we've been through that season year after year. There's no need to compare it to buying a car and buying food for a year. Because the portion of need already has its share before we drop money in Bitcoin. Simply put, do you believe in the future that ATH will exceed $70K?

I don't think it will go above 70k ... here is why :
I am trying to start a biz and I am doing simulations / biz plans for different sectors ,they are all failing
- in production I have problems with packaging,energy,supply chains and no space
- in services people avoid services that they don't "need" now
- in commerce I have problem with supply chains , long distance transport and so on
- in e-commerce people don't want to pay transportation cost no more,they prefer local ,also asian prices now similar to west
- also I noticed that people are no longer hiring foreigners, which means the world is trying to localize.
- also climate change is increasing energy prices a lot.

It means no matter where you try to go,no matter what country you go,you will face similar problems,there is no more USA land of the free and Western Europe that saves the poor ,now it's everybody for himself.
That means people will no longer need BTC to send money abroad,those who will use it ,are gamblers / speculators and El Salvador of course...that why I think it will drop.

Your prediction didn't come with a real proof. The only thing you say is pandemic people invested a lot when we all know that we are the pandemic people.
Me, you adn others are the pandemic people and we invested in Btc which there is no geniune source that we really do.
For me, BTC volatility is just very strong due to large number of whales.

I realized that early 2020 was a bullish period and the transaction density was quite high in some markets and coin marketcaps.
people don't/restrict their activities in the wild at home. But is it really because nowadays people work outside and withdraw assets and change to property again? Real world games and routines?

I don't see when the season will be but it's a principle I've ever known that charts and market prices will return to the past even though the time is not known.
At least I'm not too worried because this is a natural occurrence about a common theory in cryptocurrencies. It is volatile and interesting.
if you panic it's your right to do what you believe in your cryptocurrencies with confidence.

Same here, I am waiting for the BTC price to cross even lower than you said price so that I can have more BTC when I receive my payment. And hodl it until the market recovers and Bitcoin shame those pessimists once again. 


It is more of a speculation, an emotional guess of Bitcoin price that has no bearing at all.

This is crazy really, how can op say that the price of Bitcoin will go that low. That is impossible to agree to because that could make the crypto market useless looking at how far we have gone on this. The market is falling and that does not mean that everything will get to the worse part. I believe the market wi start a new trend soon and if it doesn't, then I will have to wait for more time for everything to reset.

The market is going down but I don't think that this is going to be ever reached again. People have started to call the lowest during the last bear market and $3k they say is possible again. But going from $500 to $1k, I don't really think we'll be back there and even $3k.
The lowest for this time could be $10k-$15k but that's just my speculation just as you and the others have started to call it that $17k is the bottom that we're waiting for. But the others tell that we haven't seen the bottom yet.

Your guess isn't as good as anyone else's. In your post you don't seem to detail too much as to why you believe we're headed back to <1k$.

The shock you're seeing right now is because of panic selling. My guess, (as worthless and speculative as anyone else's) is we're doing to see ~15k and then some stabilization. There was a correction that was to be expected with the global economy on the downward trend, but anything you're seeing now is just hysteria driven panic selling. A regression to pre-pandemic prices is outlandish.

As far as I remember, the last bottom in previous bull run was at $3,000 so I don't think this $500-$1000 prediction is nearly accurate. It just seems too exaggerated because I think OP was so pissed with the market IMO. :P Don't go dumping if you have BTC but instead look on the bright side, isn't it amazing you can buy cheap BTC now compare to it when it was staying at the ATH price?

I find it amusing and entertaining everytime there are people who complained about the market situation when it's in bearish season. They keep throwing words and exaggerated prediction that seems almost impossible to happen which I think is the result of the market correction.

- this is no longer 2021, speaking from central Europe here and dealing all ay with logistics, those trouble you claim are in dailymail only
- yeah, right, have you seen how packed hotels, restaurants, and airlines?
- we're getting farm food from Denmark, mechanical parts from the US and Netherlands, we sell all over the country, again, this ain't 2021 anymore
- that's why everyone in eCommerce is still hiring, right?
- again bs, even the eastern countries are raising their foreign quota to try and hire more people, Europe is desperate for workers despite the employment rate hitting records
- finally, you got one right


Maybe the problem is at the one doing it, spy100?  ;D
Seriously arent you tired of all this doom and gloom, face reality, just because you wish everyone to be miserable it won't happen!

I think you are fucking nuts.

I think the likely of you being hit by a meteor and killed tomorrow is almost
as likely as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.

lol

This is probably one of the best responses posted by philipma1957. Had a good chuckle when reading that.

Regarding his response why pay $18K for a Bitcoin when you can buy a car? Most people buy equal amounts of stocks. What do they get out of that? Pretty much nothing.

Only reason they buy it, is to sell to someone else at a higher price. A car is a depreciating asset.

The chances of the prediction of the OP becoming true are incredibly low, and even if they became true we will need to think in what kind of circumstances we could see something like that? And personally the only scenario that comes to my mind which could cause something like that would be some kind of worldwide disaster in which the lives of almost everyone are turned upside down, and in that case the price of bitcoin would be the last of our problems.

In addition, it is not impossible that the price of Bitcoin will fall again and who knows how long this condition will last,
it will be difficult for sure to see Bitcoin price going up anytime soon,
I think we need to follow market developments and movements and analyze them

While I understand OP's concern, I also find his prediction a little over exaggerated. On the one hand, it's certainly going to drop even further in the upcoming weeks, no need to wait till Autumn, it's happening now. On the other hand, I also never expected it to drop that much, especially in such a small time period, but my expectation is that it won't drop below $10.000-$12.000. If it does, I'll be extremely disappointed, honestly.

History repeats itself, the exact same thing occurred in 2018 and I was devastated. I quitted the forum and abandoned Bitcoin altogether, I'm hoping that this time it's different.

People like you should really seek help if trolling on the forum is the greatest pleasure you can afford, and they think that everyone is blind and may not understand what you are trying to achieve. Considering that you use various accounts to spread negativity and FUD, it seems to me that you are just another in a series of paid trolls coming out of their lairs when it comes to adding fuel to the fire.

Why didn't you take my advice and buy a picture of the sunset and then look at it when you're bored? It's much better than looking at numbers on the screen that you don't understand ...

I have seen many exchanges with the price of 18xxx, but honestly, being a big fan of BTC, I don't have any problems because I think I will hold BTC a lot with my own strategy. Even though the current landscape is fraught with many people becoming fearful of the price going further down, let's be fair when it comes to BTC when it's in the position it's currently in and has gone through so many other problems.

Good to know that you are totally fine holding your btc without getting any stress on what will happen to your capital and how many days oy will continue to be like this since for doing that it just shows that you have a lot of patience to wait for unknown things. Pump might take long time to happen so I guess it really much more cool to do short trades ror better result.

I'm sure it's going to drop some more and I'm sure it's going to bounce back up.
Just another cycle to get in low if you can afford it.

They say that panicking when Bitcoin crashes is for the weak. We've seen how Bitcoin reached its ATH even after it reached a low price during the last bear season. If we've witnessed how Bitcoin moved and surprised its investors before then we should be confident about holding it. Fearing the price drop will only give your too much stress. It's better to stay optimistic and trust Bitcoin.

Well the is the most unthought over speculations anyone can make, although I have seen several speculations and I don’t believe in speculations but some of them actually have where the base their speculations from but the OP speculations right here wasn’t based on any tangible idea, just a doom predictions, I have read about Bitcoin worse price some years ago and even then Bitcoin didn’t reach as low as the figures the OP has speculated, although the Market is volatile and anything can happen I don’t think Bitcoin can reach such low figures anymore.

I hope you will stick around well enough to watch btc germinate new apples for people to harvest. You aren't the first to pronounce btc to be dying and you won't be the last. Your post will be among history of those calling doomsday.  :)

I can agree with you that 18k $ for bitcoin may not be the lowest price in this cycle (it is possible that the price will drop a little more), but your predictions about 500-1000 $ max seem to be something impossible. Those times when bitcoin cost 500-1000 $ are gone forever and we will never see this price again. Even if we saw it, very many, especially on this forum, would immediately buy bitcoin at this price.

While I agree we can't know how low Bitcoin is going to fall, I think the best we can do is turn to history of highs and lows to see if $1k is likely to ever happen. At the end of 2013, the high was $1130, and the lowest point was $172 in January 2015. Next time the highest point was almost $20k in December 2017, and the lowest was $3300 one year later. Then the new highest was $62k in April 2021, and then $67700 in November same year, and the lowest point, it seems, hasn't been reached yet. Based on how the lows are also growing, I think that $10k bottom is, unfortunately, quite real, and maybe even $8k. But not $1k.

Any basis for your research? Or number that you have given? Or is it just a random number? Because no matter what you say leave me, no one really thinks that BTC will go so down, primarily because of multiple reasons, first is that many big corporations have brought btc at a good price therefore they can't really afford to lose that much, Microstrategy and Tesla just to name two, these guys have average buying of over 35000 so obviously they will make BTC reach above this level for sure.

Talking about utility point that you have given or fundamentals point you have given, no one would pay even a penny for a virtual coin it's all about the potential that this coin has to grow which is why people put their money in it that's it

I am telling you guys bitcoin price is pure speculative ,people are gambling on it and whales are pumping the price

For does that don't know what pump and dump is :

Let's say btc at 50 USD ....some guy with 100000 USD comes in buys a lot of btc now BTC price will be 60 USD as noobs will think there is high demand for it
Let's say btc at 60 USD ....the guy with 100000 USD sells his coins at 60 USD and now price will be 52 USD   but he made 20000 USD profit
Now he pumps again ... Let's say btc at 52 USD ....some guy with 110000 USD comes in, buys a lot of btc now BTC price will be 58 USD as noobs will think there is high demand for it
And he will repeat like that over and over again until bubble will burst
------------------------
Yesterday price was 18k today price is 20k classic pump and dump ... else no reason for price to increase that fast

It's very surprising how far bitcoin has fallen and very unbelievable as well. Although, its hard to accept bitcoin falling below $15k and this is the hight of it if we are to examine it based on the current market condition. Bitcoin has tested the $17k and have bounced back up. Right now, its currently at $20k and it seems to be creating a strong support line at the $17-18k mark. Hence, going below that would be something unexpected by most crypto investors.

I see this right now and I beginne to as myself,
If you @OP have got any coin on any wallet or a exchange at all?
Becuase, it would be you not being so true to yourself. Coins are valued based on the laws of demand and supply, where everyone gets to attach value to a particular coin following bid and ask price. If you aren't willing, your not going to to be forced to buy. You buy or sell only when you value it as such. Its that simple.

The days of $500 and $1000s were over. Now there is chances for drop in the price, but this isn't going to happen for some time period as there is minor price fluctuation on the bullish side. For users who are into panic to invest on bitcoin will now make their entry and enjoys the market for its growth.

Every time bitcoin falls too much, there will always be those expectations that it's going to be the end of it. Let's just stop thinking that when the bear comes or when a correction gets in, it's the end of bitcoin. It won't end and have been told to be dead so many times and it ain't dead and it won't be. It's here to stay and no matter how low it can be, there will always be takers that would want to have those cheap bitcoins that have been sold in the market. That's the reason why remove it on your minds about bitcoin being dead.

I've gone through a lot of emotional turmoil with BTC in my investment, from disappointment to bursting with happiness with it. And it seems that over the years, I've come to realize that the balance of risk and opportunity is an important factor in how I can do better. Anyway, good and absolute results are what everyone wants, but that is not my investment motto with this market when it is not necessary to want to have more comfort and safety, I will follow the crowd mentality, acting according to what I feel is right for me. Buying BTC with many people can be difficult or easy, but I accept the fact that the value it brings to me will be and time will show us whether we made the right decision or not. wrong.

This kind of condition is actually still in the normal stage and when compared to 2018 of course at that time it was much worse,
so as you said its better not to worry too much and think this is the end of Bitcoin,
I'm sure it's only a matter of time and stay patient waiting for the bull market

Anything can happen when it comes to the cryptocurrency market.The Market is not looking great at the moment we have to hold on and see what happens next . But from technical analysis point of view we can dip further than 18k.Only time can tell hope we will recover soon from the market crash.

Recently I see many topics from people where they say this price is the bottom and we will not any lower prices, they believe the 18K was the key support area, and its' not going to be broken like the other support areas. While we definitely cannot predict anything and make sure about the price even in the next a few minutes because we are trading and investing in cryptocurrency and bitcoin market where we can expect any price movements at any time, but from what we can see right now we are in a bearish market and any uptrend movement can be just temporary to reach lower levels.

Here comes all the negativity with BTC. That's just sad that it's going to happen, but everything is a cycle, you know. That will be the challenge with whatever we are going on too. I hope that everyone involved with it doesn't get discouraged about being part of the cryptocurrency community. It's still best to know what you will do and when times are like this. It's best to have coins to purchase more coins. Buy more at a discount.

The OP sounds like a troll but it makes some sense because the return of summer has not been very good historically for the markets, with some crashes having occurred in October.

Although all these apocalyptic predictions make it seem like we have hit the ground, much like last year when we were in the $60-70K range, it looked like we were going to hit $0.5M in the blink of an eye.

2018 was basically the worst of any crypto period ever. Maybe on early days there could have been a bigger fall I do not know, but that wasn't just about the fall. There was literally hopes lost in people when it first happened and that's the biggest trouble. Just realize that what we are doing right now is much better because there are people with hope all around the world, back then it was literally hopeless situation.

It took us years to get back because it took us years to trust that we could earn some more, and that is why we need to realize that it's not going to be that simple, it's going to take a long time to get back to a good price, but won't take as long as 2018 did.

I think he is just a troll. Because he is giving a forecast that is based on something that has no logic. Whales moved money, people invested a lot. That is why Bitcoin price gonna fall down 20-40 times ? Why not fall 100 times ? Or why not reach the price of $9876,54 ? OP is just giving random number mixed with random reason. Looking through his posts, it seems that he does not understand why something virtual can have same cost as something physical. I think he just does not understand how supply and demand work.

[quote ]
I didn't think it would be less than 20000 usd. It was a disappointment for me as well. Now I'm assuming it could drop to $10k. But this is certainly not the end.Over time, the value of bitcoin will increase again. So long-term investors need not panic.
[/quote]

I don't think the price of bitcoin will decrease more than $15,000 because the green light is preparing to remain stable through out next month to allow long team traders to achieve something good from their investment. I think, many long team traders has stopped panicking because they came to discovered that this is the best time to buy bitcoin and hold for a better future to come. I believe bitcoin price will definitely increase higher before the end of this week for people to believe that bitcoin price will reach $70,000 before the end of this year 2022.

Since then we have seen a small and yet satisfactory recovery to 21k, it is not much but it is way better than the price to keep going down, now what we need to see is if the price will remain at the current levels for some time or if we are going to see even lower prices during the next months, and while I can deal with even lower prices, as this will give me the chance to get even more bitcoin, there are many people which will find it difficult to hold their coins under such scenario.

No wonder, as many people know that the Bitcoin chart is cyclical and the onset of crypto winter is coming very soon. Therefore, statements that bitcoin will never grow higher than before are nonsense. Use this moment as an opportunity to buy things that are unrealistic to find during the mining boom, such as a video card.

But why will they wait for that season when they think 18k is already the lowest or the bottom for btc? But, for someone that is still optimistic about a new low then there's no need for you to say this as they already know it while some of them won't allow to miss this 18k low so they will use some of their funds to buy on this price range.

The price drop in 2019 are maybe caused by the pandemic but I think it's also the pandemic which makes the price recover because btc is a good medium to use for online transactions as people are advised to stay at home that time. There are still some effects left from the pandemic but it's not the cause of the drop anymore and I don't think the price in 2019 can repeat.

Well, I don't think that the Bitcoin price bottomed, we will see some lower levels as well, so we can agree on that! But it's trolling to say it will go to 500-1000 dollars, that sounds too much! The other day I was talking with some people and we were discussing $10k as some bottom, and one of the guys said something interesting, how many people are waiting for $10k or lower to buy... but when too many people expect that bottom usually the price doesn't drop that much and bottom is at some higher levels! He concluded that even now it's a good time for buying, under $20k!

2019 was good, but that year isn't the only good year for Bitcoin and crypto in general! The question is can we expect some of the next years to outshine all previous good ones!? I know in what answer I believe in, what about you?!

I think this valuation is quite a bit off.  Yes, it could and may drop again; however, the support levels in place won't allow it to get so low as far too many would be filling their bags.

This is of course complete conjecture and one I personally do not agree with.  I think we could eventually see lows as low of say maybe the $10,000 range, but bitcoin going all the way down to $500-1000 is likely nearly impossible.  I think there are far too many people who don't plan to ever sell or anytime remotely soon, that will continue to hold and buy which will prop bitcoin up above that 10k range.  Just my 2 anyhow.

I hope that the price doesn't fall again, today there was a small correction that made bitcoin another chance to drop below $20k, if this happened it would certainly cause panic like before, focus on the goal of profit, namely not to panic when the market drops.

Hate to break it for you but there's a possibility that bitcoin may even drop lower than the current price but not as low as OP is referring. There's still a possibility that bitcoin and other crypto may even go lower on the following months however there's no need for us to panic as it is normal.

No worries, it is highly improbable that bitcoin will even go lower as 500-1000 USD as there are a lot of factors that will avoid this from happening. One factor would be support from certain price range. Also, the OP referring for whales cashing out will cash in on a lower price range. Let's just observe how the market goes and make our decision on how we can make profit with this kind of market.

There is a lot of debate whether BTC will go under 17500 again or if we already bottomed. I am using this as an opportunity to accumulate BTC, FTM, and ICP. If it goes down more, I will just buy more. No problemo.

You are just pulling numbers out of your ass. Is it possible? Yes it can reach $1000 but not because you predict it. It is because anything is possible in crypto. It is very unlikely though. $10k is likely if the FED keeps increasing them rates but I don't think it will go lower than $10k.

It will just create more buying opportunities though. The FED will eventually lower the rates and when they do, bitcoin will climb back to a new ATH.

Today is the Green Market again, although around 1%, although there is a big impact because there are many altcoins that I save are also green, even matic has gone up more than 24%, as long as Bitcoin is not Red, I am optimistic that Altcoin will continue to skyrocket, this is the importance of sharing Assets to Bitcoin and Altcoins.

The issue is that typical whales have lost control. The control now resides in the hands of one person who can determine where it moves next. It could easily surpass 40,000 in 2weeks with or without the whales.
Bitcoin has one single whale for now. He is here with us

Actually it's still not safe if the market goes up about 1%, there is still a possibility in the near future the market will go down again. So in my opinion,
don't be too happy with small increases, we still have to be vigilant and continue to monitor market movements. It seems that Bitcoin is currently
very difficult to rise above the $21k price, and my prediction is that if by next week Bitcoin still can't rise above the $21k price, there's a possibility that
the Bitcoin price will drop to a price below $18k. This is indeed a difficult situation for all of us, there is not much we can do other than be patient holding
the Bitcoins we have until the bull market comes. Regarding the movement of altcoins, it is indeed affected by the movement of Bitcoin, therefore
all altcoins are now at low prices too. But not all altcoins are worth buying in a bear market situation, make sure we choose top altcoins if we want
to buy altcoins during a bear market.

One thing is sure. The prices won't remain at this level for too long. If the prices don't go up significantly in the medium term, then there will be mass sell-off from the inexperienced guys who took loans to invest in Bitcoin. A lot of the individuals who made investment in 2021 did that assuming the prices will always go up. These guys have no memory of the previous bear-runs, which occurred in 2015 and 2018. I am preparing for sub-10K prices and this is the level when I will start accumulating in a major way.

I think the current price position is still easy to drop below $ 18k, if the price has returned to $ 30k I am optimistic that there will be no big correction, it might take a month to say that $ 18k is the lowest price until autumn.

Why not? I assume that now bitcoin will move in a certain zone for quite a long time, perhaps it will be from 19k to 22k. And the movement will be considerably long to exhaust everyone and get people used to the new price, and after that there will be a further drop down. It is difficult to say where the price can fall and it is not clear whether it will be possible to buy at the very bottom, but we will still see lower prices, I think this may happen at the end of summer.

If you look at the current conditions, I really agree with your assumption because in this case there are several factors that make this even more difficult, especially, global macroeconomic conditions that are also constantly changing which indirectly also has a quite pronounced impact on bitcoin.
I think the deeper decline will continue because the current market movement takes a long time to form.
Looks like we'll be waiting a little longer now.

Cmon we need to atleast show some faith on the coin.
Don’t think Bitcoins as Luna or anything else, it’s the OG Bitcoins, which is still valuable for many people.
I don’t think Bitcoins will go so down, not this year atleast.
Moreover as soon as the bear market will end, soon Bitcoins will again gain pace and will break the resistance.
Many veteran traders are expecting Bitcoins to cross all time high till December. Still it’s Bitcoins, so no gurantee and anything can happen anytime.

Wait till 2023 june/july. Before the halving we can see momemtum building and yes from there we hopefully go back to our previous ATH. These times are really saddening. Miners selling bitcoin with loss, economic crisis coming. Things are not looking good for crypto. Not good at all. When I look at my portfolio, i feel very very sad. But yeah it's part of the game right. You risk, you win or lose..

let's see. but I think the possibility to get there is very far. the bottom I think to $ 10k . but nothing is impossible if from $17 it will go back up and not down again. It also depends on the world economy. if the world economy improves. then optimism goes up again. If the economy worsens, prepare for the worst. although I didn't think it was that bad.

Truth is things are not looking well for the economy in general and not only for this market, central banks around the world are trying to slow down the inflation they created during the pandemic but I think we already reached the point in which this is not possible anymore, and while this will mean a decrease in the price of bitcoin during the short term, at the same time I think we are bound to see bitcoin performing well over the long term despite the economic crisis we have to face.

That's far to happen and we need to focus on current events because we possibly see some heart breaking dumps, that's why we need to prepare about this since the speculated price to reach up is at possibly $12k but lets do hope that this price will not get reach because if this target broke up most provably panic selling will happen then we might see more worse scenario where many people lose their money lets pray heavy bad times will not happen.

I would guess that the price could go up and down a lot during this period, and we would have to face this fact for a long time and we will worry which direction it will go until it happens. Think about it this way, we had this for a long time but we recovered a bit right now, right? I mean remember the 28k-31k period? We had that and then it dropped to here, which shows that we could literally go down from here, and that is a reality we have to accept.

At the same time, I remember a million other times when we got stuck between two prices and then went up as well. So, we have no idea which one it will, but both are possible and we need to be ready for them.

Same opinion, bitcoin will move sideways 19k$-22k$ for a long time and then may continue to correct down causing the weak hands to get bored and have to sell all their bitcoins.

We can't predict where the bottom will be for bitcoin, so at this point we should DCA gradually. It's my opinion that bitcoin will reach $15k during this bear cycle.

It is going to be a rough winter especially with those who live in countries that actually have a winter season due to their climate. With energy prices surging and overall inflation the average joe will be struggling to meet monthly expenses.

Regarding assets though like Bitcoin only time will tell if we already had the macro bottom or there is still more to go.

Wages should increase in time due to inflation and economic growth, so will the purchasing power of the population. So if Bitcoin continues its ascension towards a globally recognized instrumet for storing value over the long-term $100k might be quickly "checked" in the bull run and we may assist a fast ride to the legendary $1M mark ;)


Remember that every time someone sells something, someone else is taking the counter part. So whenever there is a seller, there will be a buyer.
You can't know the intentions of market participants. If you would you would catch the bottoms and the tops close to perfection.

And as we speak, even though it's still early, looking like we may have already hit bottom.  Gotta a strong feeling the "if you think 18k btc is low wait until autumn" statement is not going to age well at all.

No way Bitcoins are dropping so low again this year. After dropping below 18k USD we already saw a bounce back above 20k USD. So there are still buyers in the market looking to buy cheap coins. How do you come up with that number of only 500 USD for one Bitcoin? Sure in 2019 bitcoin dropped very low in price even around the 3k USD mark, but since then a lot has changed. We reached new ATHs of above 60k USD last year. Investors can't just forget those prices again. In case the price ever drops below 10k USD I am sure there will be a lot of buyers coming to the market again bring the price back up. Just imagine all the whales who sold their coins around the 30,000 USD level. For them it would be a bargain to buy Bitcoins again for 1/3 of the price.

Many analysts believe that the market will drop again, even though the market will drop again but I am always optimistic that the market will recover and rise again, and now it is proven because it has been 4 days the bitcoin price is still above $20k, and maybe in early July we will return to $30k .

Bitcoin is having strong support at 20k if this support collapsed then there are fair chances that bitcoin may go back to 10k unless it find a strong support in between. You are right bitcoin price is very much stable at 20k and right now it's 21k, may be it can go to 30k from here on.

As if the market and volume ain't visible. As if Bitcoin magically came up with that price without these trading and exchange platform. Not even Elon could manipulate Bitcoin. I thought you mean some pump and dump altcoin that's been so rampant since the rise of ICOs in 2017.

I believe bitcoin price still movement correction. Bitcoin price already touched in $68k+ in 2021 but it early dropped in, 2022.Bitcoin price staying around $38-40k+ long time but it dropped and reached under $18k.I think bitcoin price will be more this year.And bitcoin price will hit $30k again in coming days.

Although I think BTC will go lower in the next season but it will be abrupt and shortly. Overall autumn will see BTC slowly rise and out of the bear market.

Yes I believe the bearish phase will continue, since the macroeconomic conditions of world has not normalized so far, but there will be price pumps in between. Now there will be a phase of pump and dump, but hodlers don't need to worry, later on there will be rally in bitcoin market. Yes it will take some time so please don't panic.

we already hit more than 21k as we speak. though we don't know where this is heading but i believe we are already hearing good news from this community. i think those who bought at 17k are happy that we surpassed the 20k level. however, as we know that this is not the end of this market, very high possibility that it will go up again in the next coming months.
if you are confident in this market, you can even collect some during this level.

Each year, the value of bitcoin during the dip doesn't reach too low as what it reached a few years ago so I believe that the market won't reach lower than 17 or 18k again. Lucky are those who bought during the dip for they will gain a good profit from the market recovery to the possible ATH in the future. Holding would be the best key.

I really hope that 17k was the worst that we are going to see during this bear market, however the next halving is still very far away and the economy is not doing well either, so I think it is entirely possible that we could see yet another important drop in the price during the next year, and when that happens we cannot let such a drop surprise us, and instead we need to take full advantage of it as I do not think those cheap prices will last for long.

We all hope that Bitcoin doesn't fall again, but if you see the price of Bitcoin is still struggling to rise above the $25k price again, there is a possibility
that the price of Bitcoin will fall again. Although I'm like you hoping that $17k is the lowest price, but it seems our hopes are rather difficult
to come true. In the end we have to learn to control our emotions in a bear market situation like now, because the price of Bitcoin is very difficult
to predict. At least if we can control our emotions, then we will not panic easily and can be patient if it turns out that the market is getting worse.
Because the key to a successful investment in Bitcoin is to have the patience to hold Bitcoin until the market recovers. Moreover, it is true that
no matter how deep the price of Bitcoin falls, it will not last long, Bitcoin can always recover. So please never sell the Bitcoin that we have at
a low price, if indeed we want to succeed in making a profit from investing in Bitcoin.

We can always say that bitcoin will always recover from all its dips, and that does not close its idea that bitcoin will have to drop more even below as $10k. Well, for others it may seem like a frustration as bitcoin keeps falling its price the whole time but for the rest of the wise investors, its indeed another great opportunity to invest. So don't be too pessimistic about the future of bitcoin, it will never end up in zero like what others mostly predict.

The market could only have two possible movements which is going up or down and we cant really be just having a condition where everything goes down for a very long time which is something normal that we would

really be thinking off that after a dump then theres always a recovery but there are people cant really just stop theirselves on freaking out whenever they do see that the market is declining or dipping down.

We cant really have those patterns but it cant really be avoided for us not to see the past or history of movements which we could presume that it might happen again with those possible times
or conditions but we know that this isnt something that do talks about assurance.

People who comment this way usually want bitcoin to drop. Because they will buy bitcoin at lower value. They are trying to lower the value of bitcoin by making people panic and sell their bitcoins. Yes, the value of bitcoin may drop a little more. However, it would be more beneficial to wait instead of panic selling.

The only people that I believe should panic now are the newbies that have not witnessed any bitcoin dump before, if you have been in crypto for long time you should know the dump is something normal we should expect and we don't have to panic because the price will definitely bounce back, it might take time because am sure nobody knows when it will bounce but definitely it's going to bounce back, so anybody panicking because bitcoin price is low, don't be scared because the dump is normal and soon we should be expecting bull run. The only thing everybody should do now is to buy more if you are having extral fund and if you are not having, then you HOLD the bitcon you are having.

I hope that the price of $ 18 is the lowest and back again to $ 30k before July, it might sound impossible because many investors panicked seeing the market situation that has not recovered, if the price continues to fall then I'm sure it will be difficult to recover and of course it takes a long time to recover .

It must not be 18,000 USD. With $10 you can own a fraction of bitcoin. So, it's not a must that you will own a whole bitcoin and neither is it compulsory that you will even own a fraction of it.

You alleged that the crop on btc was collected at 60k, that the apple tree is is dying. Well, the apple tree had died several times, but one wonderful thing about its death is, after dying, it resurrects and becomes more alive. History does not lie, go and verify. Meanwhile, how did you arrive at the permutation that the crop was harvested at 60k? Show me data please or a mere assumption.

I would say just safe some cash for the dip that is knocking doors of bitcoin. Although bitcoin is having strong support at 20k, there are news that bitcoin has massive outflows. Buying at current value of 20k is not very risky. If 20k support is breached bitcoin may fall drastically unless find some strong support.

We’ll, we always hope for bitcoin to reach its all time high as soon as possible but seeing the market is not also in good condition, then we can’t expect for bitcoin to easily recover from its dips. Although bitcoin will never stay forever in this downtrend, but knowing bitcoin’s volatility, it will always move like a wheel, sometimes its up, sometimes it’s down.

Of course we hope the price doesn't go back below $20k, it will have a huge impact if the bitcoin price is below $20k, altcoins will drop even more, now many of my assets have recovered and even some have gone up, if the bitcoin price could return to $30k, of course it would make many investors are optimistic and the bull run will happen soon.

Nobody knows for sure, but things are not looking good. True that.
I left fifty % in crypto, de rest in other investments, as a hedge. So no matter which direction crypto goes, I won't miss out.

Bitcoins price of  $9k-$10 was actually rising from its dip of $3k+ around Dec 2018 to Jan '19 after its ATH of $19k+ of Dec 2017. Thinking bitcoins price will drop to $500-$1000 isn't happening even though we want to believe we cannot predict the market. Even those that are still predicting a Bitcoin price bottom of $14k is still been contested by some talkless of $500-$1000, I am of the opinion that those prices are not happening again.

Market still has the opportunity to drop under $ 20K, today the price of Bitcoin drops 1% after a week of green, but whatever happens then the most important thing is not panic, do not sell when the market red, it's better to be patient because we have to be optimistic that the market will go to Moon and Soon.

I remember clearly that during Q4 of 2020, we had a period where it had a trouble going above 20k again as well. We went up and down between 17k to 19.5k or so around 5 times and that is the problem we are facing today as well. That day we didn't see anything above 20k and that was one of the reasons why it mattered so much and why it looked terrible.

But looking at it right now, we had 68k at the peak, hence why 20k doesn't feel terrible, we are not scared if it will go up or not, we know that it will go up and that is fine for us. I personally prefer to see it as a thing that will grow bigger and I just do not know when it will do that, which is acceptable.

Movements are cyclical, but only a small number of people are able to take advantage of this, because some will buy too early, some will be afraid to buy, because they will believe that there has been a collapse and the market will no longer recover. I don’t know if the price will drop by 10k or not, but I think that we will still see a fall. Volatility is down and the market is quiet now, but I think it's the calm before the storm.

People need to understand that it makes no sense to sell now, it could have made sense to sell at 60k and then keep the majority of your profits from the previous bull market, but now that the price has gone down in such a dramatic fashion even if they do not want to they need to become long term holders, this is the only way they have now of recovering all the money they have lost while at the same time make profits, it is not an easy path especially if it is not one you selected on your own but those people do not really have any other option at the moment.

Well spoken, it is not very easy, especially if it's not the option you selected. Holding for a long term is something that is planned for, and most times done with a spare money or an investment money. It will be difficult for anyone who initially did not plan to hold for long and because of the market situation is now holding for long. And yet, we do not know how long. The cryptocurrency industry is an industry where you have to develop strong mind in order to survive. The future is very much bright, you only lose when you sell at lost. And mind you, that hypothesis can only be attested for bitcoin. Anything can happen if it were atlcoins.

That is not going to happen for sure, there is no denying that it wouldn't happen and I believe that we are going to end up with something much better. I understand that people could expect the drop to be severe and that is fine, I understand all that 14k talk as well, even though I do not expect that to happen anytime soon, that is going to end up with being realistic at least, because 14k is not too far off.

However, we haven't been under 3k since the 2017 peak period. We moved over 3k during 2017 at some point, and for the past 5 years we never went below that .Right now, I do not think that we will get even close, not even under 10k would happen.

Predicting the price of bitcoin going into its doom price is always possible as bitcoin will always bound to dump every time the market gets bearish. But not all are happy seeing its price declining, as most newbies are panicking right now due to crypto prices going into downtrend. Maybe its better if we can be more practical and expect that bitcoin has not reached its bottom price yet than to always long for bullish market which i think would not happen so soon.

Expect the unexpected as always on where price could really be moving on possible both paths whether a dumping/declining or pumping market which there would really be opportunities that had been made on times like this but there are people who do really ending up on having that bad impressions towards it and saying that this market is done or over. Bottom cant really be determined and that what makes it hard but for those who are experienced then they are seeing lots of opportunities for them to get in not only limited to bitcoin but also in other altcoins as well. Buy on the dips or having that DCA but of course this isnt for everyone considering
that not all does have the finances and not all does have the courage on making outright decision on the current market that they are facing on.

Then thanks for that , Imagine that I can finally buy bitcoin at the lowest price it can be? 500-1000 dollars per bitcoin? whaatt? meaning I can own 20-40 bitcoin that time? how I wish it is Autumn now so i can finally tell that I am a future Millionaire  ;D

and I checked the threads you have started? you are totally against bitcoin and I don't know why you are still offering services in this forum.

I don't dare say the market has bottomed, and bitcoin will not fall again. From my observation, I think bitcoin will drop further and 18k will break again but it won't drop to 1000k, like OP said it's not possible.

No matter how far bitcoin falls, the key to surviving rough times is to hold on, and those who do so will receive a reward. So don't sell bitcoin even in worst case bitcoin will go to 10k$.

Today the price of Bitcoin drops again to around $ 19K, in my opinion this is a good four, I have a target to continue to buy as long as I think is low, of course the opportunity to buy at a low price is difficult to happen again when market rising.

The market is uncertain now that everything is going zug zag and I think will have to leave the market to do what it want and observe what happens next. I am not always disturbed when the market seems to be ranging of going down because based on the law of price action, "What going down must come up" the market will not always go down or go up forever. Everything has time and we should wait for it and not be disturbed about the current condition that we are now.

The current Bitcin price is $ 19100, and if it does not immediately return to $ 20K then the opportunity to drop again under $ 18K, the price is very difficult to guess, and this is what makes many people too easily panic so that it sells and makes things more difficult to control.

We can make predictions. Now it is not profitable to mine bitcoins. We can spend far more money on electricity than we can earn on bitcoin. Today, large miners began to sell their accumulated coins and this affects the price of bitcoin. We will observe the movement in the world market and wait for the economic recovery. If today we are at the bottom, then tomorrow stabilization may begin.

Now btc has already touches $18k, and most likely the bearish season continues which will certainly bring more price drops for bitcoin. Well, as long as the market remains low and bearish, then we can just expect inevitable price downtrend as its what bear market is all about. After all, we won't sell our coins in times of losses, but this long term bear market will always bring a lot of opportunities to invest, we just have to invest in the right coins so we can expect huge profits after long term hodling.

The current situation in the world turned out to be an excellent litmus test that shows the real value of cryptocurrencies. Namely - none! It would seem that the world is plunging into a severe financial, political, and economic crisis, and capital must be hidden in a "quiet stable harbor", which used to be cryptocurrency. Today, with the inflation of influential currencies, we see an outflow of investment and speculative funds from the cryptocurrency market. And this means distrust of this asset, in a really difficult situation. Here's the answer :)

Can we expect large investments in cryptocurrencies in the future from large funds and institutions, if in the context of the global crisis many are trying to get out of cryptocurrencies? If they do this now, they will incur losses and may not risk dealing with bitcoin in the future. But Sailor continues to buy bitcoin even now, so there will probably be true adherents who will promote cryptocurrencies.

Most large funds and institutions also exit their fund from stock, cryptocurrencies are no different. Till the stock market start pumping their money back to stock, then we might see a similar trend to crypto as well. The only chance large funds and institutions want to invest in cryptocurrencies right now is they must have the securities from the government. Similar to stock regulators so they know they won't take many risks.

Actually, this is the strength and weakness of bitcoin, that it is not secured by anything and is valuable in itself. Everything is not so clear. Yes, in the current conditions, thanks to the actions of large investors, there is an outflow from all risky assets, to which, except for the stock market, these investors include cryptocurrencies. Bitcoin and especially other cryptocurrencies have never been treated as a safe haven by these major players, they have completely different ideas about a safe haven that have been formed for decades and even centuries. Therefore, so far bitcoin and other cryptocurrencies have been trapped by the ideas that are imposed by major players. A change in their consciousness may be happening, but this process is quite long. Another question is what will happen next when, let's say, all those players who consider cryptocurrencies a speculative asset have left, and the share of those players who remained in the asset and consider bitcoin a protective asset increases... The question is at what level of bitcoin prices these investors will begin to prevail...

After previously Bitcoin dropped to the price of $ 18k, now the price of Bitcoin is back up to the price of $ 19k, it looks like Bitcoin has moved not
far from the $20k price in the last few days. Even though the current price of Bitcoin can be said to be quite low, and it is indeed worth it for us
to buy Bitcoin at the current price. However, as long as the price of Bitcoin has not been able to rise above the price of $25k,  it seems that there is
still a possibility that the price of Bitcoin could fall below the price of $18k. So we remain vigilant and continue to monitor Bitcoin price movements
on a regular basis, because quite a lot of people are speculating the price of Bitcoin will drop to the price of $10k. If this happens we must not panic,
because of how deep the price of Bitcoin falls, it can always recover again. We must remember never to sell Bitcoin at a low price, if we do not have
the capital to buy more Bitcoin, just hold the Bitcoin we have until the price recovers.

everyone has been talking about bitcoin prices for the next decline and this can't be denied maybe it can happen and for us to hold it is a consequence to return funds in the future and of course with interest if bitcoin recovers and now is an opportunity to buy in installments to capture the lowest price

the current price of Bitcoin is 19000 as you said and the quickly prices will continue going down so this is the opportunity and the time or some people who does not know how to talk currency what all does not know about cryptocurrency it is their time to invest into a dark rising when the prices going down so I believe that the price of cryptocurrency can go up as in, by next year. And experiencing the band of cryptocurrencies now why the good of up with cryptocurrency will come up next year

There is a strong support at around 18k levels, not directly at 18k but around those levels. So if you see it go under 20k, do not think that it will go to 10k directly, I am not saying that it won't, but the 18k price point is a lot more important. You could literally end up going from 18k to 17k to 16k and then suddenly crash to 10k, but you could go from 21k to 18k and bounce back.

So, it is more about seeing if it goes under 18 and not under 20k because under 20 is normal. These type of walls are important to people who do short term trading and even though I do not personally do much, I still like to be in touch with what's going on with the market, it's just a fun hobby.

Really hard to make out decisions when price movements is something like this on which it do plays around 1k-3k movement in short span which if you are tending to look for next possible big movement

then its really not that simply yet these moving sideways behavior is one of the most hard part when making an analysis and speculating on where it would be going on next days or weeks to come.
Basing up on technical and sentiments in the past then it does have possibility that we might drop even more but its not an assurance but at least you are making yourself prepared
when it comes on getting in if ever that happens.

For now i had accumulated in 19k price point and doing some short trades whenever it do reach 10-20% gains which isnt really bad to consider.

We do not really need to fear this one fall because to be fair to it, we didn't really had any problems in the fundamental sense, it was just one whale that sold a ton of bitcoin. It was a huge amount, like half a billion dollars worth, and when the volume is low, and you take out half a billion dollars, then you end up facing a bit of a fall. Believe me, when the prices return to normal and the volume is high, all of these would be normal.

Plus, if someone ends up buying half a billion dollars today, we would go back up right away like nothing happened. This is why it is not a fundamental reason and it is a simple drop that would be recovering anytime now.

With conditions like this of course it is not possible to sell it because it will make us lose,
so indeed the best decision we need to make is to remain patient and hold it to wait for the right time,
it is also possible that the price of Bitcoin will fall again and make the altcoin market also go down so don't buy everything at this time

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

You need more volume to push the price back up while it doesn't take as much to push it down tho. As long as the market is bearish like this, most investors stay their hand and don't put all their money into the buy order since DCA is a thing. That's why I think it will dips then recover but then dip further since every dip, investors try to DCA in but it will not enough.

What are you even going on about lol.  Why are you on the BITCOINtalk forum then.  If you are just another one of them bitcoin isn't anything but the new beanie baby then why waste your time here.  There are a million of you, it doesn't make you right.  Can it go down hard from here, yeah.  Can and will it go higher in the future, yep.  Do yourself a favor and reach in your wallet and grab that piece of paper with a number on it.  What gives that value since it's just a piece of paper?  I hate this rhetoric...

It was damn funny to read this that time and when now is autumn and BTC is $34K it doubled my laughing. Im in in seence 2017 and each down wave I hear this nonesecne, but it never went lower then the last low.

Right now all that pump and dump groups you can find on https://teleteg.com, a cool search engine, something like Google but for Telegram search.

lmao you fall into the mistake of being absolute newbies in this survival of the fittest test! It is either you or me, nobody gonna give into anyone else demand. Cheating and tearing up competition, whatever foul play to achive the goal of destroying the opponents. I can tell how you would even hallucinating about price plummeting, it is too typical to the point when btc price is high all guy become so carried away by the wind, they begin thinking a number out of their ass, they also begin to call bitcoin is MONEY and they finally fantasizing about private yacht fast car fast house fast woman add into their future life! But they totally change their narratives when btc price is low!! bunch of inconsistent guy with their advices and narrative that keep changing based on the ongoing market conditions, because they wanna feel "normal" and play safe.

What the performance of Bitcoin is going to look like in the next few months is unknown and I don't want to be in a tight spot where I let my guides down, what I've learned so far is that anything is possible in crypto space, what I feared the most is following the hordes, it's a very risky play.

I also find it difficult to try or pretend as if what you believe is what's going to happen, you have no idea, so the only way I plan to avoid this is by preparing for bulls and bears opportunities.

Let's say Bitcoin goes below our expectations, you will only feel sad if you don't have any money to use to take advantage of the dump, so always make sure you have some money ready just in case, it's a lot of stress to believe what people are saying, do not take a side, let the bears be bearish and let the bulls be bullish, I will still be fine.

So what now mate, after everything you said yet bitcoin now is climbing back to 35k and still increasing? are you ready to face every comment after what you have said years back?
sorry but yes , i would rather buy 1 virtual coin than others because look at it now after you posted this? the price now doubled from that 18k.
and wait for next year it will be more than x4 .or even x6 more
and the apple tree is dying? watch your language and look at you now , where are you ? why not bump this thread of yours?now he is missing in action because he don't know what face to use after what he have said here lol.

well the op bailed in oct 2022 at 18k he said it would tank like mad to 500-1000.

It did go to 15k in the fall of 2022.  Now it's 34k. It may get in the 42k-48k slot soon before dec

31st.

So calling him fucking nuts was a pretty good call on my part.



Fortunately we did not drop under 15k and I am thinking the op was not stuck by a meteor. So all is well in the world.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

bitcoin have the history of always growing so significantly that the supposed normal price of bitcoin in previous bullrun become its lowest point, thats why i'm sure sub $15k will be never seen.
this is I think also the reason why many people are so eager to hoard bitcoin and bag it as much as they can even when they are making profit from altcoin.
thats the good thing with bitcoin and this also why bitcoin always picked as the primary option for those famous institutional investors and even fund management company.
mainly because they know that the growth of bitcoin is really good for long term unlike altcoin that usually just pump and then vanish into thin air never to get rally again.

Prices spiked when I was expecting it the least. Previous bull-runs occurred every 4 years: first one in 2013, then in 2017 and the last one in 2021. The reason is that the prices peaked around 12 to 18 months after block reward halving. But the next block reward halving is still 6 months away and therefore I was not expecting the prices to peak at least until end of 2024. And this is also one of the reasons why I believe that the current bull run may not last long. We may go back to sub-20K levels within the next few months.

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

So rough :D

Everybody is free to speculate. The bad thing is that everything is recorded in the forum, so chances are that one's premonitions look ridiculous in retrospective.

A couple of friends I have told me months ago that Bitcoin was going to fall under 14k for sure, and that if price went below 9k, then we would test the 4k support. They were convinced about it, like if they talked about exact science. Fortunately we can say that both gurus were wrong so far, and with the new halving in sight I don't think that prices will fall so much in the near future. I won't talk about a longer period because I risk being quoted in the future if I'm wrong :P

Agree, I utterly agree with what you said. Like you said earlier, some people think that Bitcoin will go below 18k. I have seen some discussions like that, but I don't agree with them because I still believe that, as nobody knows how Bitcoin will skyrocket, so nobody still knows how Bitcoin will go below to the bottom. It is very hard to know the bottom of Bitcoin because it is unpredictable, but some people are just visualising how it will reach the bottom for them to buy the little they can afford, and we have bought Bitcoin earlier. It is presuming how Bitcoin will skyrocket for us to make profits in dear life.
As it is hard to know the bottom of Bitcoin, I can only say that they should just buy, no matter the price.

Yeah but despite of it, people can't stop predicting or speculating. It's like they are too excited of what is to come. We are all like you. We also don't want to be in that tight spot but what can we do? It is the market is the one that orders everything here. In times of hard ships, we can just HODL or buy more Bitcoins.

The storm will just pass and everything will look fine again. The @OP's calls are too low so indeed that it's hard for us to agree with it. Many of us are mostly positive because we already bought some or more. There are still other ways to acquire a Bitcoin even if you don't have a money but we should start them now because most of them take time for us to get paid.

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid  too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

kinda proves that such highly pessimistic speculation of bitcoin price was highly wrong, even when the whole market collapsing because of many companies like ftx doing their worst decision ever and went bankrupt bitcoin could still be valued by many, its lowest point was around $16k and we will never see this price again like we will never see bitcoin previous ath which is $1k few years ago.
thats the thing with bitcoin, the growth is really fast, while also increasing popularity being utilized for investment thats considered even better than digital gold.
from here on we will see bullrun hopefully and finally new all time high, but even though its just speculation the market sentiment has been getting better and better this could simply only means that the market will be having massive change of trend probably heading towards the bullrun.

Yeah he did get a drop from 18k to 15k  but that was it. I am thinking

that we may have no real drops. under 20k

Yup, you were right in there. Those people who hope that the value of Bitcoin will fall to 20k or 15k should not hope for that to happen. Just take a look and see its bitcoin history chart since it started on the market.

In history, we can all see that the current price value of Bitcoin is going up, and now that there is a halving and bull season coming, the price value of Bitcoin will rise even more. The pump and dump is normal; it happens in the crypto market.

When we talk about Bitcoin, the word “no choice” is not always applicable, now everything looks very positive, but such growth implies a correction, and besides, when the greed index reaches 87, this should be alarming. On the one hand, Bitcoin is clearly set to grow, but on the other hand, there are indicators that tell us about a possible correction and should not be ignored.

Yeah, when I look at this thread, this is a old thread, but still applicable though, not just we only hit $18,000, but last year, we dive go the lowest low for this bear market at $15,500. Which means that everything can really go with the market as we don't have control of it. There will be black swan events that will push the market to it's knees. However, it also shows that bitcoin is very resilient because as we can see right now, with the current price, we are more than 100% back from the lowest low and obviously for those who have been accumulating since November last year, it's already a profit.

But, we shouldn't be tempted to even sell some of our stash, we are still looking forward to a bullish run after the scheduled block halving next year. And after that it will be a bull run that we haven't seen before as the predictions is that it will reach at least $100,000. So we need more patience even if we are only on the positive profits right now.

correction is very normal thing, from the past bullrun there always a correction waiting at the end of the day, with bitcoin investment we just don't expect it to just grow the whole year, there's certainly will be correction along the way but whats important is that we are reaching new all time high every bullrun, the linear growth show some serious growth and massive one at that.
meanwhile the correction is like an entry for anyone that wanna invests, its just as simple as that.
with this small increase of bitcoin this past weeks certainly there will be correction that to be expected but the question is, when will that occurred, and at what price point?
because we only could make profit if we could get our speculation right.

Market Sentiment and Greed Index maybe are a useful to, to help understand market psychology. This is often followed by a price correction but it is all a process towards the true BTC price in market.

Well, in terms of what you said is correct, well, when we invest in crypto assets like Bitcoin, all factors must be monitored first, because there are many possibilities that will arise outside our will and the most dominant ones are volatility and price corrections which also fluctuates quickly. and could be followed by a significant price correction.

I think, the pandemic created a lot of opportunities for those that invested in Bitcoin waiting for the bullish season to appear before they can sell to make income ,which the bullish appeared with massive pumping during the pandemic that took over some years and some months to keep long term and short term investors to experienced what they have never experience from Bitcoin investment. For the price of Bitcoin to decrease back to $18,000 this year, I don't think it will be possible again because the price is close to $40,000 for those expecting that particular price to appear before they can sell to make income from their investment. If truly you want to be part of what is going to manifest in bullish market soon, I will advise you to invest in Bitcoin now and hold to watch what is about to happen in the crypto market.

I don't think the price will decrease to 18k again and at this time it's impossible because the halving event is coming and Bitcoin is preparing itself for the event the next prediction is that the BTC will cross the 100,000 target. Now you are right the price is close to 40k $ and it is very expensive for small traders to buy it instead when the price was about 18k providing the best opportunity to buy full Bitcoin or buy some shares of it. I think if someone wants to invest in Bitcoin then do it now because it's the correct time before the price up more and it will arise and there is not any chance of it being dumped now, invest in it and wait for the bull run it will be beneficial for you.

The price increase was not based on indications of greed because many investors and traders entered the market because of their own intention to make a profit by taking advantage of current market conditions. So basically the sentiment in this market is based on what many people have seen in the price of Bitcoin and also on market conditions which are starting to not scare many people. And the process that is taking place now is only part of the price improvement which is still continuing sideways at around $34K.

When we have invested money in Bitcoin, what we need to monitor is news related to Bitcoin apart from monitoring the market to see the price. Because if the investment goal is long term, it will actually give all investors more freedom in carrying out their investments by using their time in all aspects when monitoring. So it is not only about volatility and price corrections that must be looked at, but also about the influences that can change volatility and price corrections in the Bitcoin market.

Even though market conditions are unstable, there are no negative issues that make the market return to the price of 18k again, the increase in trading volume indicates the potential for the market to reach a higher increase ahead of the halving, the prediction of 40k is very realistic to reach next month and if you want to buy at the current price, maybe recommend if you aim to invest long term, but you are free to set an investment strategy to wait for market correction in the 31k area or prioritize DCA to handle the increasing risk of investing in the crypto market, the volatility of the crypto market is unpredictable and it may be lucky for investors who have set up DCA to invest in price under $30k.

We have seen the price of Bitcoin drop to around $15,000 at one point. Even a few months ago Bitcoin price was in dire straits many investors thought it could go further down but it turned out to be quite the opposite. Currently we can definitely see by looking at the position of Bitcoin that maybe Bitcoin will not go to that position but now it is time to go higher in the market. Now that Bitcoin is close to $35k we see no reason to come to $18000 now and won't come here. The price of Bitcoin may have dropped a lot during the autumn, but now the market is pumping well. But I think Bitcoiners will not have to see this bearish market again as we have good things ahead.

Those who think its bitcoin will go below $18k and keep falling are nothing but fools. Those who take such an attitude are basically caught in the future. When babies first learn to walk they trip and fall over and over again, but that doesn't mean they will fall over and over again once they learn to walk. The idea that Bitcoin will stumble and fall again and again is wrong. Bitcoin is independent which is why Bitcoin is more powerful and dynamic than ever before. It is only speculative to say what form Bitcoin is going to take in the coming days. It is very difficult to guess unless experienced. The way the bitcoin market is going right now I don't think it will retreat any further. Now is the right time to invest in Bitcoin which will reach unique heights at some point. Bitcoin market is bulling as it crossed $37k today.

An appropriate comparison but I agree that bitcoin will continue to stumble and fall but the only catch with how bitcoin is going to stumble and fall is that when bitcoin falls, I am sure that it's definitely not going to be a fall that's comparable to it's last fall. What I mean is if bitcoin were to go down right now is it's going to hit some invisible price floor and that isn't going to be investing lower than last time that it got so low or maybe even the current lowest is probably the highest in the previous price cycle. So to refute your claim that stumble and fall again isn't entirely wrong, maybe you're always dealing with absolutes so you're adamant about it.

The next Bitcoin halving should take place on April 7, 2024. There are less than five months left before this grand event, which many in the cryptocurrency market are eagerly awaiting. A few months before the halving, whales can arrange a temporary drop in the price of Bitcoin so that weak hands of newcomers dump more and thus the whales can buy up potential cryptocurrency. Therefore, in the near future, I still assume a significant drop in the price of Bitcoin, but not for a long period. Closer to the fall of next year, we should see another cryptocurrency price boom.

Halving helps in the boosting of bitcoins price but everyone is already prepared to take benefit from halving therefore as they achieve their target they will definitely sell their bitcoin which will create another bear market. Bull and bear market is two particularly events of cryptocurrency that both are beneficial but it is upto us that are we making negative or positive use of it.

About future we cannot guess anything but it is normal that sometimes price will drop and sometimes price will increase. Many people have made investment in Bitcoin or still they are buying because of halving. Halving is an essential part so those who become able to buy bitcoin are taking forward step wisely while others who are still waiting that price will goes down and they will then buy bitcoin so they are just wasting their time.

Bitcoin price is highly volatile, this is a universal knowledge but its volatility doesn't translate to the degree of fall expected by the OP.

With a graphical illustration, if the OP had proven from chart that his points are factual, I will have given it a second thought but it's not possible as the chart only shows higher-highs and no lower lows in recent times.
Bitcoin price is ever growing

It would be very difficult to find any black swain, even that will crash the price of Bitcoin to $1k again. I believe most of the Bitcoins now have moved to the whales and strong hands' hand now, a very good example is the recent Binance fine, before the market would have crashed, taken $4 billion out of the market just like that is not small money.

I think he doesn't have the basic facts for that speculation, the price of bitcoin is unlikely to return to $1k for any market conditions even the price of bitcoin is currently recovering at its highest price point, so he makes unrealistic speculations that don't match the facts of the crypto market, but everyone are smart in choosing the right news from trusted sources and they will not believe speculation without the support of an explanation that explains some points on the graph that indicate market prices will be negative in the fall.

Even if he laid the chart out like Nicholas Cage when he's in the National Treasures the market would still be have the last say in everything. Just cause you made "nice predictions backed by charts and intelligent guesses", doesn't necessarily equate to you having the credibility to predict the market's behavior. It just shows that you know the basics of trading and investing in cryptocurrencies.

Prices are harder to define and determine even more when it comes to cryptocurrencies, they are exceptionally volatile, and are more driven by the emotions of the market compared to logical and tangible factors unlike stocks and bonds. I oftentimes say that the only advantage expert traders have against newbies is that they get to choose which coin to invest in and newbies are just there to wait, and that is the truth in this industry more often than not. Although this doesn't mean that traders should just go apeshit on whichever coin they want and not learn fundamentals anymore.

we will never see bitcoin at $15k again in the future, because it has been repeatedly done by bitcoin that it will never reach the all time low again after reaching another all time high and the bottom price of bitcoin even after bearish will be around $30K i think and thats already good enough price for bitcoin in my opinion even though thats just speculation but its proven that after every halving bitcoin price always increase, its as if the halving is the sign that bitcoin will become more scarcier therefore its always good to accumulate.
autumn just started and nothing of significance happening towards bitcoin I guess this prediction is irrelevant now.

The cryptocurrency market is indeed highly volatile and driven by emotions, making it more challenging to predict prices and make informed investment decisions. Expert traders have an advantage over newbies in that they possess a deeper understanding of market dynamics, technical analysis, and fundamental factors that influence cryptocurrency prices.

However, even experienced traders cant guarantee success in this volatile market. The emotional nature of the crypto market often leads to irrational exuberance and panic-driven selling, causing significant price swings. This unpredictability makes it difficult for anyone, regardless of their expertise, to consistently make profitable trades.

Bitcoin usually follows the four year cycle and every four years, we have bitcoin halving where the bitcoin miner's reward is cut in half and due to this reason, we see new all-time highs and a bull market in the bitcoin price.

It is not a coincidence that we see this price action every four years, in fact the bitcoin is programmed in such a way and if the bitcoin does not reach new highs, the miners may not be interested in mining bitcoins with the same resources but getting half the reward.

The price in factor keeps miners motivated to keep mining the blocks because they get high prices for every bitcoin mined.

There is no doubt that the whales usually manipulate the prices just for their own gains but I don't think they will be forcing it too much now since they have already been able to fill their bags at around $16k earlier last year unless they decide to take profits around $40k and then decide to buy more lower and start creating FUD and making weak retail investors sell their assets so that the market can take a dump and they can buy more at a lower price.

However, I don't see the price of Bitcoin going anywhere below $30k anymore since we are just a month away from the new year and once the new year starts, the market will probably enter the recovering mode from that point onwards, and the first couple of months will be crucial in that regard.

Why do you expect Bitcoin to fall below 18k these days? I don't think that is possible anymore, because it is obvious that we are now in a bullish trend and we are no longer in a downtrend or bearish season, as it is called.

And for sure, you know that, especially since we are getting close to Bitcoin halving next year, maybe by the beginning of January and February there will be another rally in the market in terms of the price value of Bitcoin, and for sure, the top cryptocurrencies in the market will also follow suit.

Sorry bro but it looks like the OP made this thread in 2022 and it's been over a year and a half since he made the thread. So I think there is nothing wrong with his prediction which mentioned that number. Now we are in a bullish season where BTC prices will continue to rise and I am sure we will break new records in 2024.

It seems that you also have to be more observant in looking at the date when someone said that, because what the OP said has been going on for more than a year so you can't blame the OP for today just because you forgot to look at the date when the OP said it. Because Bitcoin is always in a different condition this year so it wouldn't make sense if you compared it with Bitcoin's condition last year, especially if it's been more than a year.

If at that time the OP knew about this, maybe he would have said something more different on this topic, because I see that the OP has not been active for a long time and the last time he was active was on October 12, 2022. This means that we need to address this differently because Market conditions and the price of Bitcoin itself are also very different from what the OP said at that time.