Bitcoin Forum

Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.

In fact, 1 BTC is still 1 BTC and even though you hear out there based on speculation the price goes to the low $10K line the fact has to be determined by obvious factors. If inflation in all countries becomes unstoppable then the war rages on it could be more than $10K. But you need to pay attention, when people believe that the current price decline is shrinking, that's where we will buy more. Bitcoin still has the greatest power of any coin on the market. If you're not ready, then let us take that road for the long term.

do research confidently what we make, there are many people who believe in the words of someone or the media that makes their thinking branched and has no stand. but all of us must be prepared to risk what we summarize sometimes what we imagine from the angle does not match reality, everything still contains speculation

A lot of things can happen with BTC, anyone says about the bottom might be correct but of course no one can confirm that because its just a prediction, but it’s ok to be more ready about that possibilities. BTC can go the way he wanted to be, it can start to pump again and may never look down on this price again, also it can reach the bottom that no one expects it to happen, it’s just a matter of time and time can really tell that.

Considering also those panic sellers that could be exiting the market right now. In any way, I don't really care if this is even not yet the bottom.
To be honest back in 60k+ up to now, it should be a lot of "discount" for all of us to buy more BTC now. Otherwise, just hodl. We've been down to 3k from 7k back in couple of years. :D

Once the market hits the bottom, you can expect for the price to rise again since no one knows what the bottom is, you can assume the last bottom price was already the bottom but still there's no assurance for that. BTC is still doing good, and if the price reach $10k again, I don't think it will stay longer on that price, many whales will surely catch that bottom and that might be the start of a strong pump.

Everyone is just saying their predictions and speculations meaning they are just taking an educated guess or just a wishful guess.  So it is not surprising the opposite thing might happen.  So we really need to be updated especially when the market is highly volatile.  Things that people predict or speculate is always have a 50/50 chance to happen.

You are correct that some situation that what you may think will happen won't happen but you won't know what the bottom is and it could be happening already then the price will rise again. That explains why Bitcoin is unpredictable and I don't think no one has predicted the outcome accurately though there are some close ones. Well, I notice that the price did decrease but it also increase during this times that you may see that it is always decreasing than increasing of the price since I have been notified about the BTC price when it changes.

I don't want to be pessimistic but now that it's sitting on $19k, there's the chance that it may go lower than that. I'm still hoping that we will really never see that price again and if it starts to recover then at least we go ahead to $30kish and be stable there.
But the usual thing in the market, has never been stable and there will always be the fluctuations that we like and the reason why we're here and that's due to the market's continuous volatility.

People tend to keep positive despite the decline just for the sake of boosting themselves and keeping their faith still strong. But saying it is always the opposite, that is to happen if your analysis is wrong. Of course, we can never expect a bullish trend at this time, prices went down but never I think this will lead to the worse scenario reaching $10k. I will say the worse scenario cause I was just expecting $15k as the bottom price, not $10k. But we can't hold it if that will happen, yet we can't be hopeless as well knowing that there is still a chance to recover even do it drops more.

You have a point,  just like when everybody is saying that we are going to reach $100k last December 2021. And it didn't happen, and there are many times throughout our bitcoin journey, not sure what is the reason for all of this, but perhaps it just shows how resilient bitcoin is.

So why not take advantage of the price point right now? still very cheap right? less than $20k, a good price to enter. And if ever the price of $10k is hit then invest more.

Because no one knows the what is the bottom, so they make predictions based on the current flow, i.e. technical analysis. And maybe it shows that it's possible that $14k, or $10k can be the lowest.

However, the lowest so far is $17k, again we don't know if this is it, or there will be news in the future that can bring the market to another bloodshed. So there is this chance that the price could go or it will not, simple as that.

Chasing the bottom is what always has been people keep doing it. You can't ever time the market, especially, if you are a just small trader/investor. The stable idea is to keep DCA'ing if you have some cryptocurrencies that you aim for, it will create a constant flow of fund no matter how the market move, but it's one for the long term. And do note that, altcoins are way more volatile and going down further than bitcoin.

Did you see last month what happened? everyone was saying the price would drop to 17000$ but the price was still above 34000$ so everyone got it wrong? not! In the past, when everyone said that the price would fall, it would go up but things have changed and in the bad condition of the market today, taking care and listening to what everyone says and then researching better can be a good choice. we cannot simply think: "everybody is wrong". it can take years for the price to get back above $30,000


this reminds me of 2018 when the price dropped from 19000$ to 3100$ and many people said that the fund was in the 1000$, nothing else was said to me, everyone wanted to get it right that the fund was 1000$, but no one got it right and no In the end the fund was 3100$

Btc is unpredictable. Yeah. No matter what people say now, what I do is believe in what I think and look at previous charts to know what the next BTC move might probably be.
No one expect 17k at the beginning and even if people are expecting 10k, BTC price is just unpredictable.

Well those people who will listen to them will probably have been FUD.
Even altcoins have been followed by the bitcoin price movement, so if there is a bottom price on bitcoin, it will be the same on altcoins.
Perhaps the market now preparing to have a bull market again but it will not fall down go far dip $10k and that will never happen.
The only thing that we can do now and help bitcoin and never sell or buy bitcoin in a DCA so that you are safe buying not at once.

I hope so. Just like when bitcoin was reaching its ATH and many people said that if bitcoin has not yet reached its ATH but the fact if the market was going to the opposite direction. that means if this time maybe possible for bitcoin to go to the back again.
It will be going up again soon. It may happen but it's not always moving to the opposite. Sometime there would be only a bull or bear trap. This gonna make it become very difficult to predict.

Everyone will be wrong in their bitcoin prediction, as we know that there is no so called experts here. Anyone is just like you and me, just guesses and some random numbers and then they think they all got it correct.

So it's better to do some careful planning, like DCA if you are planning to buy bitcoin monthly. As for the expectations, it's better to expect nothing. Just focus on your long term goal of accumulating, and sell at the right time.

The crypto world is full of surprises, BTC has a limited amount and is already The Father of Crypto. BTC has already touched its highest level, although at this time the price has not fallen to its lowest level. I'm not sure BTC will fall to its lowest level because it already has strong fundamentals and is very widely adopted and owned by big entities

One of the mistakes people make is that they bet everything in a single outcome and if it does not happen then they lose money, if bitcoin keeps going down then that is good for me because it allows me to get more bitcoin for the same amount of fiat, and if it begins to go up in value then this is good for me too as my profits increase, so as you can see regardless of what happens I win, but not many people can take this approach to the markets and this is why they lose to them.

If you can't buy BTC at 67k now is your chance to buy at a discount price, for those saying that BTC bottom of 19,000$ is just a prediction you are wrong because its in the chart that we are at a bottom, its possible that we might fall further but it's not certain as well.

Do not easily believe other people's predictions, doing your own research is the best way to make investments, then in this case we must have full confidence so that what we do is not the slightest doubt, with the current state of the market, there are very many investors who feel panic because the fall in the value of BTC continues to occur, we just see what will happen in the future, hopefully we will remain calm in the face of the current situation.

That's true and the reality is that there are still many people who believe in other people's predictions,
maybe those who are easy to believe are people who are lazy to do their own research so they continue to depend on others,
with the current conditions it is necessary to remain calm and we must train him to get used to it

No one knows for sure whether the current decline in the price of bitcoin will continue to the level of $ 10k or only $ 18k which will be the lowest price for bitcoin this year because so far we have not met any analysts who can predict 100% accurate, so I'm not worried when I hear some people say that the current decline will continue deeper, because I believe that bitcoin can bounce back even if it does.

Crypto currency industry is full of those people who make false predictions to create panic between investors and traders although there are still some people who make predictions on the basis of facts and technical analysis nevertheless we must give much priority to our own estimates because at the end only we will be responsible for our decisions what we have taken so we must always take decisions by our own understanding.

OP is not buying that BTC had reached its bottom. After all the disappointments, its really hard to believe it could bounce this time. DCAers loss money every time they  heard the word bottom.

It could  be true though. $17K, $13K or $10K may just be the last chance for someone who doesn't have at least 1BTC yet. But not everyone has $10K actually. Not this time when everyone had spent their cash on gas and products which prices spiked up to 30%.

This is what makes people worry because panic like this will definitely happen and I can think of this as normal as long as the panic is not too excessive because it will be very troublesome if this panic makes you stress and think just sell and continue like that regardless of losses previously.
Suffice to say that this is a very big discount and very worth it to buy even though it still needs to wait.

Ohh, poor people will miss again while rich people take advantage of the situation.

Anyways, I wasn't really convinced that the price of Bitcoin went down below $15k, I still believe that whales and institutional investors will rescue and help the market from falling badly. Their participation influences the market flow, it has to notice that people are buying once they heard good news from whales as they assume that the pump will come at the moment they will hear they are buying as well.

None is sure about the market, everyone putforth their own prediction connecting to the past market moves along with the adoption happening with time. Majority of the predictors are more bearish about the market. Even in the past cycle similar market move have taken place, so this time too it can happen or it can happen in the opposite way. It is our responsibility to read the market and act accordingly.

Well just prepare your money when that price is happening, personally I'm not sure that Bitcoin will go lower than 10k so I'm pretty confident that right now this price is where we can see the bull resistance in the market. Just don't be afraid or panic when dumps happen so we won't see that price in the future.

Those who thought that after 2018, if BTC decrease the price then they will buy. They haven't been bought yet and don't seem to be. The crypto market of 2018 and the crypto market of this time are not equal. The number of investors is much higher than before so that they will not be able to go to that position in any way. Any one can assume but the market will move at its own pace, but it is likely to be stronger than in the past. Although the crypto market has always been a hype, in my perspective it can be rise form the current position.

Yeah if market is bearish than the bull cycle will also come, we just need to understand the working of crypto market by comparing the past we have come to a result that, everytime btc or alts comes to bearish they set their own ath everytime or every cycle, things are going to be bullish very soon, these ups and downs are good for the market, btc dominance first decreases than increases as well of alts

Currently BTC is at $19k and I will say that even if the bottom is here or not, we should still keep monitoring it.
It's not that BTC will bounce back and go to the ATH overnight. It will take a good amount of time to even cross $30k.
So even buying at $30k and going all the way to the ATH will give us more than 100% gains.
So why not just wait to see bitcoin bounce back rather than waiting for a bottom and trying to get in taking up all the stress.
Let the market do it's wonders and take a break while the prices are stable.

Most people find it difficult to cope with their psychology. know the market is down, not buying but selling at a loss. know the market is going up, and already profitable, but don't want to sell, instead of hoping for a new ATH.
The problem with all of this is that there is no good investment planning. only make a purchase and will sell when the desire is fulfilled.
when all new traders and investors know how the crypto market works. I guess all new people can also benefit simply.

Hope and motivation that's making them different from others why they keep waiting for the right time to invest their money most of the time, patience is the key to earning huge income in this industry because rushing things won't always result in a good outcome rather we often heard stories about how people failed their investment on certain coins by rushing to invest in it. As we know good stories come from the one who strives to take his time to investigate and study a certain coin before investing in it.

When it is still not confirmed by anyone, then no one can be sure when Bitcoin will increase again even though the current price chart, Bitcoin has been below and very far from the ATH price that was achieved by Bitcoin last year.

well no one can predict 100% accurately you are right sometimes what happens is the opposite. the community is just trying to predict through thorough analytical techniques or just guessing, and today the bitcoin red market is down $19k. when this decline continues many of the new investors will be very panicked and what people are saying may happen.

when everyone wants $100k per Bitcoin, then what happens? yes! Bitcoin price can only go to $65k,
and indeed it is also very good in my opinion, although it can't go to $100k, and if a lot of people want $10k,
we also have to be careful, because maybe $20k is a bottom

Well, the majority was also saying that BTC will not go below $30000 And then the same thing was said at $22000. The situation is as it is. Anything can happen in the world market. Uncertainty is everywhere. There is no good news from either side until the war between Russia and Ukraine stops and only then can some improvement be possible. Due to the war, the crisis of oil, and now the crisis of wheat is on the rise and if it is not remedied, further decline in the market is possible.

Price expectation from the holders and investors is what decides the market. Their buying and selling are the ones driving the market price. If most of them say $20k is the lowest but whales keep selling below that means whales have the selling power/more selling orders. It's like you can vote with your wallet. If you don't have the money, your word can't decide the market outcome alone.

We will never know if BTC will return to the price of $10k, $20k, 30K or even return to a higher price or the last ATH. If people say that, we don't need to listen, but we must analyze ourselves to find other clues. Who knows if BTC will return to high prices after many times falling to lower prices because no one knows what will happen to BTC. But when the price drops to $10k or says $15k-$18k, not everyone will buy at that price because many of them are still waiting for another lower price. That is why we should make decisions based on our analysis and not follow other people's advice without analyzing.

Don't forget that there are traders who seek to profit from market price differences so they are also those who follow the market. If you don't want to follow the whales, leave the market for a while and don't watch the price move too often because it can stress you out. You better look at the market situation and conditions before you decide because it can help you enter at a low price and buy it.

That is because we always got wrong with our predictions, a sad reality.
That is why we have to understand how this volatility works. People just assume that they will be right but sadly, we are not. "opposite always happen" that was the theory of those who never accept losses and they blame the market for it.

As we are here in the crypto world, we must also have to accept the fact that we can't be all the time in profiting, we sometimes suffer losses and this is to remind us that no matter what we do, we can't predict the market for what next to happen.

The $10,000 bitcoin debate has been going on for months. This is typical of a bear market, because the crowd has maximum fear and many people have a trend mentality, that is, if an asset goes down, they think it will continue to fall in value, and vice versa, if an asset goes up, these people think it will continue to rise.

It is impossible to say definitively whether we will reach $ 10,000 or the price bottom will be slightly higher than that, but it is safe to say that if you have free money, buy bitcoin right now, if it falls even lower, buy more, and if it starts to grow, you will start earning on your investments.

I noticed that too. Many threads are popping up lately saying that this number is possible for btc but indeed that the more they expect btc to dump, the more the price becomes stable at 19k and 20k range. It seems that btc has a life, I mean it's like a human that knows what the people are thinking and it wants people to get annoyed. If that really how it works, then why not people think the opposite as well?

I mean if before they think of the bottom, why not think of the highest possible price this time? Let see if what will be the btc response to this or why not stop speculating for a while? You know, it's also tiring hoping for a thing that didn't come.

So do you think we have reached BTC bottom? Can you explain your analysis?
It seems you underestimate the prediction of some people that BTC price may drop to $10k. Well, who knows it? I have no idea about what price becomes the BTC bottom in this bearish season. It is something very difficult to know, even almost impossible to know it. But BTC price to drop $10k isn't impossible although I also think it isn't likely to happen. However, I believe we still don't reach the BTC bottom. There should be more dumps, the price of BTC is very likely to drop more. Don't forget that we are still in Q2 of the first year of the bearish season.

 Our role as traders is to read the market and act accordingly. We need to know where the market is headed and decide on a plan of action while it is still unclear.a lot of people are predicting a crash, but there are also economists who predict a significant rally. If you ask someone for their opinion, then you should find out what they think is likely to happen in the market

So why you do make yourself get affected too much? Its whether you do believe or not then its still your own decision which one you do believe whether its the bottom or not but most of the time
people do really love on hearing out other suggestions and recommendations but honestly we are all speculating because bottom is something that cant be predicted by anyone or anything.
Lets say no matter how professional a person is but still there's no way on predicting it precisely thats why we should really be that non dependent on others calls when it comes to this manner.
Market could only have two paths whether going up or down but speaking about predictable prices then its really that impossible.

the scenario that you just described could definitely be realized considering that bullish run most of the time comes so suddenly,
regardless the best strategy is always to accumulate slowly while also reading the current circumstances of the bitcoin trend. since the trend could change quite literally at within a day, you could just follow the flow and did accumulation on the way.

Let's say that if BTC can really hit $10k, it is as a bonus. But, when we are talking about the drop of BTC price still continuing, this may still happen. There are always up and down so far, still make it up and then make some corrections again in lower price. That is the cycle of the market itself. However, bearish is still continuing and I still believe that the dip is still going on. The question is that is it really Bitcoin going to hit $10k? None knows. That is why we are better doing DCA or even buying by average, step by step in every dip rate. So, we have been got the BTC in every lowering price, this will be wortier to struggle.

that could very well be the case but then again if majority of analyst keeps saying that it gonna go below $10K then most of the traders just gonna blindly trust that and as a result, it becomes FUD and the value could go lower than $10K for real.
It's just matter of how much majority of the traders and holders out there trust the analysis made by these so called analyst.
Though at the end of the day I believe the change of trend gonna comes very suddenly like go against the analysis made by the analyst.

That's what most people whenever bitcoin is dumping, they keep on saying it will dump more so they won't buy at the moment, they want it to dump more before they buy. Nobody is sure when we are at the bottom you might be predicting dump then bitcoin will start pumping so my advice is that we all know that bitcoin is down, why don't you just divide your money into parts and the more bitcoin dump you keep on buying in parts which incase it didn't dump the way you were expecting then you are still having something to hold.

It's a very good suggestion to buy Bitcoin gradually, because indeed we all do not know where Bitcoin will move. Many people predict that Bitcoin
will continue to drop to the price of $10k, therefore some people will only buy Bitcoin when the Bitcoin price is at $ 10k. Even though there is still
the possibility of Bitcoin going up suddenly, because after all the movement of Bitcoin is very volatile and very difficult to predict. Instead of regretting
that we missed buying Bitcoin at a low price, why not buy Bitcoin gradually as you suggest. So we buy Bitcoin every time the price goes down,
that's a pretty effective strategy to use in a bear market situation like now. It's much better so that the profit we make is much bigger,  why don't
we invest in some coins and don't just invest in Bitcoin only, because it's much better to invest not only in one coin. We have to make a partial
investment in several potential altcoins too, so when the bull market comes we can generate much bigger profits.

Thats right. Because no one can exactly predict the next movement of the price. If they're saying the price can reach a certain price, dont easily believe it and have your own research if there's a basis. Thus its best that you have a plan when buying and selling, do what you think will benefit you most. Its not bad to listen to other's prediction however the point is we are not certain if its really going to happen on the given timeframe. So if you have plan, it can help you with your investment.

That's how lots of people always miss opportunity, now that bitcoin price is low, most of them are scared to buy bitcoin because they believe bitcoin will still dump more, I can say everybody is just predicting and nobody is certain about the next move bitcoin will make, everybody want to buy at the bottom line which I believe it's very difficult to catch the bottom. Currently whenever am having extral fund I always buy bitcoin at the current price it is and I don't care if it will dump more, because I believe bitcoin is down already and it's a good buy price.

What if this exactly happens? Don't panic, mate. haha
We know the trust and value of Bitcoin so, even if the price of Bitcoin hit $10k in this bearish season, we still believe in Bitcoin that it is a very good time to buy more Bitcoin. For, we exactly believe that Bitcoin price will be high again and reach more than its ATH

There is nothing wrong with the crypto market. Anything can happen. But I think if the market behaves like this, especially if BTC get down from to 10K, then the market will go into a big bearish. It may take a long time to recover. But hopefully since BTC is down more than 70% this could be the highest bearish. I hope it will try to recover it in the next few days.

They are too emotional and easily drag by their emotions. The mindset of a negative person will certainly affect their decision-making, they are in the circle of "WHAT IF". They need to change this in order to change their direction and would help achieve their goal as nothing will happen if we keep this kind of idea.

Everyone must put in mind that investing is risky, to start is really hard if we are already negative from the beginning and it leads not to win.

Yeah but it's not always become the truth. I meant you must aware if these days poeple beca very irrational by calling any jumping candle as the end for the bearish trend. The fact that if bearish trend is still continue and by the way. If you are watching it properly and im sure that if you will also aware if market was always doing bull and bearish trap. I will not even say that if bearish trend will end soon. This bearish trend may be still around here until next years.
bearish trend become even longer than before.