Bitcoin Forum

I started investing in Bitcoin after the June crash this year and have been buying weekly since.

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

I am wondering if I should be buying more at these lower prices or if should continue to just DCA weekly.

I think we will have one more crash personally to $12,000 before we start steadily going up again.

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

the tone of Jerome Pal had changed a bit in his recent press. maybe we'll see a rise of BTC price this Dec right after his next report. we don't know yet if there will be something of a next blow to the market. so you could be right if by January, Genesis will fall.

one trend we see today is that Apple is attacking coinbase for 30% tax cut. who knows what Samsung or Huawei will chase. something has to break before it could plunge to $12k but it will not go back up right away. just keep DCAing with the extra money you have.

I will advise to continue with DCA for now because this is the only recommended strategy to take during this period when the bitcoin price is dip, this will alo help you to avoid massive loss on your investment at a glance, then try to engage more on proper research and study the chart very well using previous years in comparison, speculate the orice and take note very closely the weekly candle and target your buy, with this method together with DCA i think you're fine to an extent.

No one can give you exact answer, bitcoin price prediction is impossible. If you really believe in bitcoin and believe bitcoin will rise again in future then continue DCA don't worry too much about bitcoin bottom. If you want to wait for the lowest price, sometimes you will miss the opportunity to own cheap bitcoin because bitcoin can rise again at any time. Go ahead DCA is the best solution.

Buying Bitcoin at this time is the best since the price of Bitcoin is low, but one statement I don't feel comfortable with in this thread is the fact that you always refer to Bitcoin price fall as crashed am sure we are all expecting a rise in the price of Bitcoin but when that will be is what we cant speculate and choosing to buy Bitcoin steadily will grant you the chance to.take advantage if the price fall further and also minimize the risk of losing money when price fall more.

It will take another big negative blow on the entire stock to force bitcoin price to fall further to 12k, I believe Bitcoin is trying to cling to a 17k price at the moment and which direction the market will head next.

0.07BTC is already fair amount assuming Bitcoin will hit new ATH or the old peak around 65K because that will you already x4 of your initial investment that currently around 1100$. There’s no guarantee that price will that much because the only way for Bitcoin to suffer that huge price loss is when there’s a serious negative events on crypto that involves money loss in huge amount.

DCA on many price point using smaller amount is better to have an average investment. The price swing of Bitcoin is too often while DCA on longer time frames will miss this good opportunity to enter. I suggest that you should DCA many times if you have a stable source of income. Any Bitcoin the purchased below ATH is considered as discounted price.

Where can I buy crystal ball? A crystal ball where it can show an accurate scenario of what will happen into the crypto market? Can anybody sell it to me.

Bitcoin bottom prediction? Maybe the bottom that we saw when FTX did the biggest ponzi scheme in the whole crypto might be the bottom and we might see Bitcoin go up starting from now. Papa Powell decreased the increase of federal funds rate from 75 basis points to now 50 basis points and that might be a good sign. $12,000 is still possible knowing that we are still in a bear market but highly unlikely for me. DCA is still the best thing to do, and it's proven already that it can give you profit in the long term.

I think that is a lot already, as you have said, maybe in the next bull run we might see the price hitting 6 digits easy, so that will be x amount or profits already for you with that 0.07 BTC of yours.


Doesn't matter if we still have more crash in the future, what's important is that you continue to do DCA, accumulate and stack sats.

You also need to have a lot of mental toughness, for sure buying and then holding for the next 2-3 years might bring issues to some of us. But if you can get away with it and learn to be resilient and look for the longer term, then it will be worth when you see your portfolio growing. So just continue what you do and you will be good.

By holding 0.07 it is quite successful for you and just hold on to what you hold until the price goes back up or wait for ATH again this maybe a few years like many people expect.
Don't make unclear decisions, $12,000 price is still uncertain whereas if you do DCA every week it will continue to add to the accumulated bitcoins later so it's better to do DCA again while it's still low at $16.9k be consistent with that journey because we don't know for sure how low the price of bitcoin will be.

DCA strategy is a good advice to keep earning bitcoins by buying every week you can't stop because you want to buy below $12,000 that's an unclear price even an expert can't guess this number right, so don't think about other news that can influence you, for me to continue DCA is the best strategy during the current low price moreover you have held 0.07btc that's a good achievement with bitcoins that have been invested in DCA strategy.

No, Bitcoin will not crash even worse this is already a bad sign after the FTX crash so the market is affected due to a lot of selling to the market so the negative news is still going on about the FTX bankruptcy it will pass soon and bitcoin can survive as low as $15,000 that's a prediction I myself.
But I am more focused on DCA which will continue to buy all the time no matter if it crashes again with $12,000 I will do DCA non-stop while I can.

This year has been the worst year for me and my friends because the price of Bitcoin fell so deeply that it touched its strongest support line at the end of 2020.

https://pbs.twimg.com/media/Fi_k-vjUYAAX5g8?format=jpg&name=900x900
glassnode (https://studio.glassnode.com/metrics?a=BTC&category=&m=market.PriceDrawdownRelative&s=1279324800&u=1669939200&zoom=)

If we look at the historical decline of Bitcoin, the pattern of price decline is almost the same as in 2015 and the end of 2018, meaning that it has reached the limit of the market cut and is the lowest in the current bearish market and therefore this is an opportunity to increase accumulation at low prices.

Yes, indeed there are several signals indicating that a crash will occur but there has been no confirmation. Let's hope this doesn't happen and it turns into a Bull Run.
I think continuing DCA is better because we realize that no matter how good the prediction is, it's just an opinion, it doesn't mean we already know what will happen next.

Don't post publicy how much bitcoins you own. Whether its very little or not. You can easily become a target.

Like others in this thread. Nobody knows how low it will go. Will it go to $12K? Who knows. You are better off buying little by little weekly and you get a good average in. If you wait for $12K and it never comes, then you will miss the train.

If you buy little by little you will get a decent average at least.

We can't really be sure that bitcoin is still going to fall or go straight up at this point even though we have our own research and we also don't know where the bottom price for bitcoin is not because we are having a hard time making it seem like they will be in the lower numbers. we think.
I think DCA is a good thing to do instead of having to wait, which is still uncertain.
DCA is the best solution in my opinion and I'm also still doing that since a few months ago.

I predicted 15k in October:
https://bitcointalk.org/index.php?topic=5417271.0

Bitcoin was at $19k then

Don't take steps to replace the steps you have taken by using the DCA strategy, that will be a step that I think will hurt you. No one can predict exactly where bitcoin will go. If you're wondering if bitcoin will ever drop back down and break the 12k mark, my answer is that maybe, but there's no guarantee about that.
I suggest that you stick with your current strategy and not try anything you're not sure about. You have carried out the right strategy, and now I am also implementing the same strategy, namely by doing DCA.

there is only one valid suggestion.
invest what you can lose and that you don't need in the short to medium term.
we don't know if bitcoin will have a rise like the one we've seen in past years, we don't know when it will happen.

it's not a trivial thing, I'm telling you because I've been following this sector from many years ;)

I agree with what @adaseb mentioned where you shouldn't mention the amount of btc that you have bought because this is a bad thing because we don't know the intentions of certain people who want to target us. for that reason I believe you will read every review post in this thread. but I believe you definitely apply the dca system in collecting Btc at a certain price and I hope you have the desire to hold it in the long term. We have bottomed out for the year and if you are patient enough to invest long term I trust you you will get a big ROI down the road.

We must learn from people who have achieved great success in investing in BTC where they are able to hold back their emotions not to sell at low prices, which at the previous ATH they were able to become billionaires and that has become history for us to follow in the upcoming ATH  .

I think you should do both, you need to keep performing a DCA strategy as you cannot stop taking advantage of the good price we are seeing these days, however you needed to also keep some money in reserve in the case the price of bitcoin sufffers another crash and you want to buy the dip, probably the most difficult part of this strategy is to have the money available to perform both strategies at the same time, however if you really want to increase your holdings I think this is the best path to do so.

No one knows what will be the result until you try.

If you think what's the best strategy to apply, you should do it without hesitation. Besides, both options are considered good to do at this point unless you are really looking forward seriously and expecting aggressively that prices will be much lower.


Difficult to imagine that price will crash to $12,000. The possible reason for another crash should be a "big thing" to consider before it can trigger the pull. However, there's nothing wrong if that's what you think since everyone has their own factors in forming an analysis.

Conclusion: Follow your own analysis whether properly and technically analyzed or just a product of your instinct based on your own factors.

If you only focus on the lowest point where the bitcoin price will fall, then you will never get it. After all, the strategy you are doing right now is a highly recommended strategy. Many people predict the lowest point, but that still can't guarantee that the prediction is correct. Instead of having to continue to predict without any definite action, it is better to continue to be consistent with what you are doing now.
How many people regret because they continue to analyze without taking any action.

I also think that this is one of the more worthy examples to watch and follow because I have imagined the condition of people who bought Bitcoin in 2019 who then sell the Bitcoin they bought in 2021. They are really lucky and obviously became a rich man after being patient for two years by not selling early after buying it, even though they had no idea Bitcoin would go up that high in the last year.

Well, it is much better to anticipate its rising point than to assume its liwest possible market value simply because it would somehow save you from risk of wasting time waiting. If there's a clear pattern of a bullish movement, all you have to do is to ride with that trend line. It would be hard if your entry basis point is its believed 'lowest' or deepest price 'coz that won't be possible knowing that its market value is too volatile.
It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.

You guys are too excited about of the bottom like you have something to do if it's the bottom or do you have plans if thiis is the bottom? Besides, no one can answer that kind of question because all you will get is also a pure speculation with the same answer as the others.

But if you are asking and hoping for a personal answer whether it's a pure speculation or through data analysis, someone might hit the right answer and someone may not or traverse a different path for an answer. But it doesn't matter since only you can decide what you want to do whether you want to believe us or someone or yourself.

My personal opinion would be, the price may go down if there's another FUD, or the price would stay stagnant for a week or something, or the price would pump if there's a good News about Bitcoin adoption.

I am still DCA every time I have more money because I know bitcoin price prediction is impossible, and there is no guarantee that bitcoin will continue to drop 12k as we predicted. So I recommend you keep using DCA, it's the best we can do not to miss any opportunity with bitcoin. Don't just make predictions but be more realistic, if you compare the current bitcoin price and its ATH, you can see bitcoin is very cheap right now and very good to invest in.

I also believe there will be another market crash and bitcoin price will probably go below 12k and possibly 10k but in the end, it's just a guess, there's no guarantee bitcoin will reach that price point. So DCA is the method we should use instead of waiting in doubt and if bitcoin doesn't drop as predicted we will miss the train, and that train will never come back to pick us up.

I would open my own thread regarding an exaggerated speculation I've read, but we already have an abundance of those. I was having a conversation earlier with a few acquaintances who are also into Bitcoin, and they claimed that Bitcoin could possibly crash way below $10.000, mimicking 2017-2018 movements. I've also seen a few articles making such bold claims, but I never bothered. From my point of view, it sounds unlikely and way too extreme, but on the other hand, the economic and geopolitical situation is going from bad to worse. I honestly doubt that we'll see it crash below $10.000. Somewhere between $11k and $13k is my worst-case scenario.

if in case btc will go down to as much as 10k, there should be a very devastating news that will greatly affect the market. but so far, the failure of ftx is the recent biggest one, and we only reached $15k+ as the lowest in the past month. so in my opinion, i don't think we will reach at 10k level. if that will happen, for sure, a lot will be buying a lot of btc. the lowest may be 15k in my opinion for this year. let's see...

When bitcoin was at 18k, no one believed bitcoin could fall any further as most of us only care about the interest rate. It seems the market no longer reacts to interest rates news, but FTX suddenly crashed, making all predictions meaningless.

For me, I wouldn't make such a subjective prediction, anything is possible, and if you are still following the events of FTX, we have some bad news about Gemini, Genesis and these companies are all branches of DGC, the largest investment fund in the market. If Gemini goes bankrupt, DGC will have to sell its crypto assets to the market, things will be even worse than FTX.

i can always spot peoples prices..

the topic creator bought in summer at $24k and by his predictions i can spot he wants a -2x to buy in huge at half price his first investment

its the same as those that bought in at the $50 then promote "bitcoin ro $100k"

people are not doing any research on any fundemental reason the network and price would move to these levels in peoples time frames. they are just shouting the prices they want to see to buy more or to sell. and hope they get a huge amount of replies agreeing with their sentiment so they can ease their mind its possible

unless hashrate comes below 200exa long term. the underlying value of efficient wont rescind below $12k to allow the market speculation price which sits above value to correct down to $12k

unless inefficient mining costs have substantial increase where many countries (if they mine) have a +$100k cost. no one is willing to buy from market at $100k

the ATH topped out at $70k in 2021 because location on the planet, (should they want to mine) could mine for under $75k last year

the markets are bottoming out at $15.6k because no one on the planet was able to acquire bitcoin from mining or private OTC for less than $15k earlier this year

if no one on the planet wants to sell below X(bottom) and no one on the planet wants to buy for Y(top)
then the market price sits inbetween X and Y

X and Y become the ultimate support and resistances of the market price window of trade speculation

I'd continue the DCA. Even when it drops you will be in a good position, and I doubt it will take long once it reached the $12000 mark which is your predicted number. There will always be buyers, do remember that. What's happening now is a good example of it, a big exchange just went bankrupt and yet Bitcoin is keeping the strong price of a 5-digit value.
Imagine how many investors will be lurking around to get that cheaper price.

At the top of the next rise, you will see how much profit you will make, especially if the price can increase to above $ 100k.
That is a huge profit you can get; if you buy more and repeat it, you will have more bitcoins later.
But as we know, no one knows when bitcoin will bottom out, and we can only guess.
You can continue doing DCA as before and be patient, waiting for the price to increase.

I think this is the best time for you to collect more Bitcoins in your wallet considering the price to buy is still at $16k and $17k although it is predicted to decrease again.
In terms of buying, I tend to want to tell you that buying when the current price conditions are more profitable as stated by Nayib Bukele that El Salvador will continue to buy Bitcoin and for me the current market price conditions can provide an answer when is the right time to buy .

There's no need to tell people how many bitcoin you currently have, it just damages your financial privacy. So bitcoin should teach you about that privacy, and protect it.

Keep doing DCA as long as you have the money to do it at every drop. We never know whether the bottom will be reached or not but if you only care about long term investing then you should only think that $16K to $20K is the lowest area to invest in bitcoin.

Just target that in the next year you should have more bitcoin and save them for the long term and enjoy the results of your investment later. I think that's the best mindset you should have right now instead of thinking about another low that you're not likely to hit for the rest of this year or early next year.

Forget about DCA and everything. Are you investing money that you can afford to lose and prepared for holding long term? Or are you speculating and trying your luck? If it is the former, keep investing as long as you can and don't wait for any lows or highs. The market is unpredictable and you might lose your opportunity if you keep on waiting for the low. Even if you invest at the "wrong" time, you can still keep holding and wait. If the price goes down, you don't lose anything unless you sell. But if it is the later, you should know the risks involved and be willing to lose everything.

I think, the price of Bitcoin will still decrease to $15,000 before the bullish season will appear because the price of Bitcoin will definitely increase to ,$50,000 next month for traders to believe that 2023 will be a better year for crypto traders in the community. The market price is still low for those that missed the opportunity to buy at a lower price to buy now or wait for the price to decrease to $15,000 or $14,000 before they can buy and hold for the bullish market to come so that they will not regret when the price of Bitcoin go higher.

you have mentioned the word HOLDING meaning you can carry to hold right? then you should not bother of what is the price now or what would be the price tomorrow. as you can see the price keeps on holding it low, and bottom cannot be told right now.

there are movement that follows the cycle but that are only when the halving is near.

but its on you mate, a piece of advice , keep on holding .

I also predict we haven't made a bottom yet but just waiting and not buying at this point is not a wise decision, as it's all guesswork, possible or not. If our prediction is wrong and bitcoin starts to rise again, we will miss the opportunity. In my opinion, we should continue to use DCA instead of waiting for the bottom as expected.


I don't think bitcoin will hit 50,000 in the first quarter of 2023, which sounds unconvincing because, just looking at the economic situation and we are far from halving. Therefore, it is difficult to expect bitcoin to bounce back and hit 50k.

Price mostly rely on if other countries will use bitcoin as like el Salvador, if most country will adapt and use bitcoin i think the price might go up, but since there are other things to be consider , no one knows but I'm positive that bitcoin price will go up, the time and date is unknown though, every other year price will go up and revisit the dip price so if you will look at the graph its still going up, also big traders are somewhat also have an impact, news and fuds also does make the difference.

https://i.ibb.co/xs9MrCw/rainbowchartv2.png (https://ibb.co/mBZHPDd)

According the Bitcoin Rainbow Chart the bottom is already here https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/ although this is only indicator, but I personally believe the bottom is around $15K and next year 2023 maybe we will see some recovery

^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.

Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.

If you look at the trend that has occurred since ATH, we will see that the market continues to decline, even a few days ago the price touched its lowest level, which was around $ 15k. let's wait whether in December the price can go up or not, I hope that the price doesn't drop again so that we can get profits and make investors more optimistic about the future of bitcoin.

Only a few dare to act at this time because of the fear of those who want to buy bitcoin at low prices. That shouldn't have happened because they have seen bitcoin's journey, even if not from the start, but at least they know that its price will always go up and down. What they need to pay attention to is when the price decreases, that is the time to buy and hold it. And if the price drops lower again, it's another opportunity and it's up to them to buy again or wait a bit and confirm that the trend is down. If the trend continues to go down, they can place buy orders at the low price they want after they do further analysis.

That is the point here, we have dropped so much, will we drop even further? Nobody declines that we haven't dropped, of course we have and the question would be if we dropped too much or will drop too much more? I believe that we reached 15k levels and that was our bottom, I do not think that it will go down anymore and that should be the lowest point of all.

Some people think that we haven't seen the bottom yet and there is a chance it could drop even further, I do not know which one is right, but that is what we are trying to guess here. I still think that the bottom is probably in, we already saw the lowest point, that is what I am feeling close to, but I can't guarantee anything to anyone about it.

We already touch $15k last time so I guess that is enough and as we can see the price is above on that level again. Before we get to $50k, we still have a lot of checkpoints to pass so I don't think we will see your price on January. I do believe that 2023 is going to be a good year and different from this year but many people are not expecting the same.

I think that is because we are closer to the halving so they just assume that the gains will happen on that day only to make things more special than it will happen now or next year and then there is no more to expect later on. For those that who want to buy, they should do it now as this price is more surer, than waiting for the price to drop again.

Those who think of buying at the bottom end up missing the opportunity. Because no one knows what the bottom price of Bitcoin will be before the next cycle begins. So at the price Bitcoin is now, those thinking of holding long are slowly taking their positions.
When there was a big dump in 2020 before the start of the last bull market, many did not buy in the bottom hoping to buy at 3k. After that the rest is history. So it is beneficial to take entry on time without expecting too much.

Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.

That's decent enough. If you continue DCAing (since it's uncertain if we already reached the bottom) you can save more while we're waiting for bearish season to be over. DCA strategy is good because you can engage yourself at anytime, less stress since you don't have to mind the price.

Anyway, it's hard to pin point if the current price is the bottom or it might go down further, we really can't tell. Thus, do what you think is a good strategy at this time that can benefit you in the future. Don't wait for the lowest price before you buy, because this season is already a good timing to fill our bags.

Although today the market can go up more than 1%, but I'm not sure that the bear market has been completed, we must always be aware of the many scam cases that will make Bitcoin performance decrease, the biggest scam is of course from exchanges, because exchanges users can reach millions so that they will has a significant impact on the market.

The bear market is still not finished because it was triggered by several problems that have occurred this year so that the market recovery may take a little longer and that recovery will definitely not occur at the end of this year. a 1% increase is not enough and it pales in comparison to the percentage declines that have occurred this year. So the bear market is still continuing now even though everyone is hoping the bear market will end sooner.

An exact bottom price is not something I'd like to name but we can see points of emphasis like right now the weekly price and monthly average are converging, it suggests to me we will get movement some a resolution between positive bias or a break negatively.
  If we can trade past and hold the prior December 5th high then that is a start to indicating positive price action is underway.  This is a really small step we need to confidentially surpass, the bigger move would be to regain 19k and similarly hold then trade above that level using it as support not finding these common price points as resistance or ceilings.

2022 is over in less than a month, and I also don't believe that we'll see any major price fluctuations in the upcoming days, nor will we see it fall below $15.000. In my opinion, judging by the current market conditions based on inflation, recession, the energy crisis, and the never-ending war, the market is likely to face major crashes in 2023 since the current state is only going from bad to worse. As I already mentioned in my previous post, there are a few analyses claiming that Bitcoin could possibly crash down to $5.000, mimicking 2018.

More and more similar articles keep popping up, and while I find it hard to believe, it's a possible scenario. Here's another article I read yesterday:

https://www.newmoney.gr/roh/bloomberg/standard-chartered-voutia-70-ke-5-000-gia-to-bitcoin-stis-pithanes-anatropes-gia-to-2023/
It's in Greek but Google translate can be used.

That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.

we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.

That's why they say crypto is not for everyone because we need a lot of patience here, in order to be successful or at least make a lot of profits.

I mean it's a cycle, a 4 year cycle, so just imagine if you don't have the patience to hold or take advantage of the situation in a bear market to buy because you think that the price is tanking.

But for those experience traders and speculators, we have been tested and so far we have passed the test. So the simple and yet effective strategy is to buy cheap and hold nad have the patience.

4 year cycle is what most people been eyeing for now which we've been experience very long bearish market which it isnt really that something surprising that people would really be making out those patterns and forms and basing up into those things back in the past.For now its really that very common to have those presumptions and made out actions according to that.
We are always hunting out the bottom price which had been a casual thing to be done by investors because we are trying out to maximize profitability which it would be normal
that you would really be coming after that.Now that the price is stabilizing or having that no movement then this is where challenge and headache to begin.

Current yeah? maybe we have hit the bottom at $15k.

But as I have said, we should look at 2023 with the same or at least we might see the same sentiments that's why the bottom price could still be open and we haven't it at this bear cycle.

So again, we should be prepared as to what next year will offer, if it goes down to what we have predicted then continue to accumulate and don't miss the chance to fatten our wallet around $10k-$12k.

It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.

Price prediction is indeed a difficult thing, if it's easy, of course we will become millionaires, because predictions are a difficult thing, it makes us always curious and in my opinion the best thing now is to buy because the opportunity to rise immediately occurs.

I would say that it is impossible to predict the bottom of bitcoin nor predict the ATH of bitcoin during the bull season. Since incidents like Luna and FTX are always unexpected, the analysis cannot give exact numbers. Bitcoin bottom prediction is pointless while we can use DCA, IMO.

Nevertheless, you are correct, no matter how much bitcoin falls, in the end it will recover and rise again even if it drops too much. The bear market doesn't last forever, so buy lots of bitcoin while still cheap.

A good trader is someone that is able to adjust to the circumstances they are facing, the truth is that we will never know what is the bottom of this bear market until the bear market itself is over and we see an important recovery for bitcoin, this means that we need to have a strategy which can still make money despite that lack of knowledge, and one of the best strategies which can be employed right now is to use dollar cost averaging and get some cheap coins while we can.

Looking at the base price no one ever knows we just assume the base price is bearish it has been the lowest throughout ATH so there is no need to know that but the important thing is how can we earn well in a red market situation implementing a strategy it is important to start buying with whether for example DCA or buy dips and other types of strategies from all of those methods, we will definitely hold on as long as the bearish market hasn't come out.
Yeah I believe bitcoin will definitely recover and experience bullish again only one way to buy at this time.

There is no perfect time to buy Bitcoins to be honest. If you keep on searching for more low price, then definitely you gonna miss the best time and price to buy the coins. I don’t think BTC will fall down to 12k usd anymore. Also there are some positive hopes seen from Bitcoins. So anytime the price might rise. Op if you are able to buy the coins anywhere less than 18k usd, then go for it. Buy as many Bitcoins as you can and enjoy the profits later on.

Yes, that's right, it will waste my time waiting for an uncertain price, why do I need to wait, while bitcoin has fallen 70% from ATH, do you want it to drop to 90% again? It is illogical to continue to wait for time while other investors continue to buy as many bitcoins as possible, even though some are already preparing in the current situation to enter the market and make large entries.
So for those who keep waiting because they want to be FOMO but it's also wrong if they behave like this while others have developed strategies to carry out their duties in buying bitcoin and here we understand that sometimes it is also difficult to determine the right price.
One thing is certain, if you don't have a good plan, then you need another DCA strategy, which is far better than waiting for the price to drop.

Indeed some of them wish the price could touch $10k to buy more btc but it's a waste of time as you said because we are already at the bottom of course we will see the increase that occurs in the following days. big investors when the market goes down, of course they take advantage of that moment to buy and buy, but in the meantime we still think the price will fall again.

 So, in this confused state, we must have another option which is to buy 50% of the funds we have so that during a downturn we can buy again and if the price goes up we still have a chance to see the profit from investing 50% earlier.

Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.

The perfect time to buy bitcoin is when the bitcoin price hits your target, which means that you are going to have to set a target for the buy price as well as a target for the selling price. Investing always has to be a plan and in that you need to give a price target that suits your pocket, do not follow the speculations of others. Everyone has a different goal and way of investing, be yourself, and you will always win.

I would assert that neither the bottom of bitcoin nor its all-time high during the bull run can be predicted. Unforeseen events like FTX occur. The possibility of dropping to $12,000 is uncertain, and your average is still below the present price of bitcon. The safest and simplest method to benefit from the current bitcoin price is to continue your DCA.

Bitcoin sinks too much but it will eventually recover and rise once more. Buy a lot of bitcoin while it is still affordable coz the bear market won't last forever.

I have seen many people predict that bitcoin will go as low as $12000 and I can see that you are among those people that make such predictions. If you have your data and charts record to support your claim that means you have to continue with your dollar cost averaging, with that you will not be affected much if the price for the Bitcoin goes down to 12000 dollars.
The only disadvantage with dollar cost averaging which does not affect the investor is that the price can reverse from any point back to bull trend.
If this happens it is quite good for you because you are not losing which is better than buying at once and the price sinks downward. I will strongly advise that you should continue with your dollar cost averaging and do not purchase more than your power which means more than what you are able to lose at a particular time when bitcoin deeps and you wound want money in fiat.

Yes, there is no perfect time to buy bitcoin, those who are waiting will regret being too greedy, always want to buy bitcoin at the lowest price and always want to sell bitcoin at the highest price. Bitcoin price today compared to ATH is considered too cheap and if we really believe in bitcoin then buy now and use DCA will never miss the bottom of bitcoin.

Hello, people who are waiting to buy at low prices are not greedy people, but they are carrying out a buying strategy in order to be able to get a better profit by selling at high prices. Because they buy is to make a profit after saving or holding it for a long time, and they do that for themselves which is not just keeping it as a collection in a wallet.

I don't know if you're buying to keep it as a collection or not, but what I've seen for everyone who buys at low prices is to make it easier to make a profit when prices start to go up. So you have to be able to distinguish how greedy people are and how people are carrying out strategies or ways to make a profit in terms of buying.

if you invest the amount you can afford to lose(like what we all advised everyone since day one) then you will never hurt even if the investment you out drops 90% right ? in that way you can keep the holding for years while the market is still lowering.
I just don't get why others are being hurt when their money saw it lowered .
because they are not following advises instead they wanted easy money things that mostly not possible in crypto because of the volatility and the capacity of manipulation that really damage the health of this crypto market.

Bitcoin investment is actually good to do when the price is in the state of falling, because i believe that have to fall some that people will have to opportunity to purchase larger for long term investing, and it's very clear that people who buy when the price of Bitcoin is low are the people who benefits from it mostly, because during the time of bullish they make their profit, and secondly buying Bitcoin for any kind of investment, you need to have a target, and that target supercedes others.

Short-term trading is indeed the right thing to do at this time. But some people are not interested in doing that. They are waiting for the lowest price, but unfortunately they cannot predict the lowest price of Bitcoin. Only predictions without doing more detailed research on Bitcoin prices. Maybe a good signal has been seen, maybe this is a bullish month. And information regarding the signs of an increase in the price of Bitcoin has been given. One of them is reduced US inflation.

Really that very easy to say that we should really be buying on this particular time when the market is declining or on very bearish mode without even trying to look back or trying to see on what people been feeling
up on these particular moments which pretty sure that they would really be having that fear,anxiety,hesitance on doing so which it isnt surprising since we are just humans.
Bottom price prediction would be an never ending kind of seeking yet it had really be that very common with these kind of emotions to be encountered along the way.
This is why as a crypto investor or enthusiast then it would really be just a matter of risk management and handling.

Actually Bitcoin has do with target towards the time of investment, investing in Bitcoin what you have to do is to know the appropriate time you will purchase Bitcoin and make profit, so therefore the best time someone can invest in Bitcoin and make profit is when you have noticed that the bearish market or season have long way and you will keep following the chain of bearish market to invest in Bitcoin, because definitely the price of Bitcoin will rise and when it rise theirs every tendency that you will make a different profit.

The lowest price until now is around $ 15600, and we hope this is the lowest price, especially today the price is close to $ 18k, if there are no big negative issues like FTX then the December is still a big chance of touching $ 20k, a good start in 2023 in order Market rising like 2021

But its been a day now that Bitcoin is still struggling to break that 18k and yet there is no sign for this breaking but We must not lose hope here , because no matter what? this is December and the chances of growing is always there for every cryptocurrencies specially our precious bitcoin.
but it is better wait while buying , meaning keep our holding and add more each time we have available funds to risk.

Maybe your prediction is correct that bitcoin price will hit a low of $12k before bitcoin bounces back to higher levels but for this year I am not sure bitcoin price will enter the $12k area because if we look this far after bitcoin drops to $15k and being bitcoin's low point this year, then it seems unlikely that bitcoin will fall further past that area until the end of the year.
To make a purchase, maybe you can continue DCA so as not to miss the momentum because no one knows if the bitcoin price actually drops again to the $12k level and becomes the bitcoin low point.

Until now we are happy because the lowest price was $ 15800 which occurred in early December or 2 weeks ago, this is a good sign that the market has the opportunity to rise, as investors of course we must understand the trends that can occur so that we can make the right decisions.

Let's hope the price stays the same or goes back to $15,800 and only shows up higher.
But right now, the price is correcting again and either it will drop sharply or it can stay at the current price and then increase, it is unpredictable, although we can draw lines that might show where bitcoin will move.
But still, that won't guarantee that our predictions can be correct because the price can move anywhere right now.
The current downward trend can be used as a moment to buy bitcoin because the price is decreasing again.

then best to consider buying and Holding instead of looking for a chance to sell because this year will be stagnant at this level and maybe 2023 will bring more worst that what we had this year.

we will be seeing more and more like this in the coming months so be glad that we still manage to keep 17k and still climbing . maybe 20k will be enough till December 31.

Although US inflation has dropped, the Fed also lowered interest rates yesterday, but many economists think 2023 will be a worse year for the economy, so we cannot be optimistic about the market. And if we look at the bear cycle, we are far from over, so I also predict 2023 will have more bottoms than this year but what will cause the market to crash again? Time will give us the answer.
It is best for now to buy bitcoin, and avoid of altcoins or centralized exchanges because we never know what will happen in the future.

exactly , because mostly the year before the Halving brings more bad than what it is the day after the halving ,  so maybe what you said will be the coming of 2023 , though if we really wanted to stay then best to Keep the holding or sell it now readying for what will be happening in the next coming year .
for me? yes I am ready for the bearish market of 2023.

Market conditions will always be different and I don't think that next year there will be a bigger movement or the way it was last year. Because the influence of negative news and political turmoil from various sectors is still there today so that some markets still look sluggish at the end of this year including the Bitcoin market which has not increased significantly even though yesterday it had increased to $ 18K.

Maybe, if I read what you did with Bitcoin, I think the idea that you are implementing right now is the best idea if you understand the current crypto market situation, you don't need to speculate or predict the price of Bitcoin up to $ 12k, what you are doing with the current price of Bitcoin is already a step in the right direction.

Now you have 0.07BTC, with the current price of $ 17k, more & less, just imagine the next 1-2 years if the Bitcoin price reaches the level of $ 100k, you are already in a profitable position, well, of course every month you will add your investment in Bitcoin, I believe the current price is the best price you invest.

It's too risky to trade short-term at this point, as bitcoin's price is so unpredictable it's impossible to say that it will recover this month. CPI has been announced, and interest rates have also been reported but there is no positive movement as we would expect, bitcoin shows no signs of bullishness in the last 15 days of the year.

In my opinion, it would be better to keep accumulating for the long term instead of looking for short term profits, but if you are confident with your analysis, it is well worth a try.

Risky for us who doesn't know how to day trade, but for those who have experience, maybe they are still continuing it as this point even in a bear market.

There is also a positive response to the CPI report mate, not sure if you have able to catch up the price as it went as high as $18,300 less than 24 hours ago. Unfortunately, there are shorting bitcoin against that's why the price goes down to $17,450, so that is a just decline after that price surge.


Obviously this will be the best approach for us non traders, because just accumulate as much as we can and then HODL on it till the next bull run. No headache for us and we can sleep well thinking that tomorrow will be another day to purchase.

In spite of the fact that I didn't miss it, since it happened so quickly and fell so instantly afterward, I wouldn't refer to it as a market rally, but rather a price trap. That's why I say it's too risky for someone to seek short-term profits.
My view is to limit trading in the bear market and stay out of the market when we have big news like the release of CPI or Fed interest rates. The price at that time was really volatile, and it didn't follow any rules, even though the good news came out, the price still fell without increasing.

I already anticipate that bitcoin will still be ranging in this price of 15000 dollars to a 20,000 dollars for this year and maybe throughout next year.
However there will be a feeling of New Year from January, whatever impact may be in the market I believe that the year will come with a new market direction towards bullish trend. Even if it does not last for long at least there should be a clear difference between 2022 and start of 2023 .

I pray that there shouldn't be negative information in the cryptocurrency industry by the first quarter of next year because it will greatly affect the market. But wether there is negative information or there is positive information we are still not expecting a major bull run by 2023. Everything is working towards the first quarter of 2024 during the halving. So whatever investment plan we have we should always be at alert and do our research very well but the best method to apply for this long investment period is dollar cost averaging committing what you are able to lose no matter if the market goes high or low .

I don't want to be too pessimistic, but seeing that this cycle is the worst in terms of returns in percentage terms so far, I think we can go lower. I think the absolute minimum we could reach would be around $10k. I think that is a round number that would trigger mass buy orders, an extremely strong support, in the same way that in the next cycle, when we approach $100k I think there is going to be a very strong resistance, with a lot of sell orders and it is going to take several attempts to beat it.

I agree with you, although I don't believe bitcoin will fall much lower than it is now. But as long as there is only negative news in the market, I see no reason for growth. I am also starting to think that in case of new collapses, the price may fall below 10k. Right now the price is at a good support level. If this is broken, a free fall could start.

Always say we're as likely to go up as to go down, but the apparent weakness in buyer territory now is really hard to ignore. It does look like we'll survive the year already seeing its bottom, but there's just too much and too far ahead to weather in 2023 to discount another bottom over the next few months.

Definitely agree 10k has always felt psychological (then again, I thought 20k being 2017 ATH should have been even more forceful as a psychological support but that gave way relatively easily).

Let's keep using DCA and my prediction is we won't be able to exceed $18k by the end of this year, and 2023 will be another bad year for bitcoin and the market. My lowest target this time will also be $12k-10k and I am trying to go to work, save more and wait for more market crash in 2023 to earn as much bitcoin as I can. We don't have many opportunities, so take advantage of them.

why are you hoping for the bad next year? it isnt good. You should always think of a good price. I dont know where you came from but i would suggest that you need to think positive for the future price we all know that the price of the bitcoin every year is increasing . This current market crash is the the opportunity to buy a coin and hold it for a longer period of time

I think the negative news is a man made thing, like there are some people who do not want it to go up yet, and they want to accumulate further, maybe waiting for something and when they feel like they are ready and bought enough they will also pump the positive news.

Go back a few years to the start of the bull run and you will see that there were so many good news pumped to media and everyone talked about how crypto was the next revolution and even if it was for bad, it was everywhere and usually it was to say good things about it as well. Now we are only seeing legal issues and such, which is a trouble of course but I believe that it is normal to see them for the time being.

According to the four year cycle of bitcoin 2023 is also supposed to be a bad year, so this is not really about what we want but about what it is likely to happen, and 2023 is most likely going to be a bad year for bitcoin as well, so it is important to have a plan of what we are going to do if this is the case, and saving our money and taking advantage of the low price is not a bad strategy at all if you ask me, would I prefer bitcoin to go in a bull run next year? Yes, but it is not going to happen.

When you don't have bitcoins in your wallet, then a bitcoin price increase won't be profitable for you it will be pointless. I expect the price to drop more simply because more people will dump their bitcoin and that is an opportunity for those waiting like me. Now, with 17k dollars, you can buy 1 bitcoin but if bitcoin drops to 10k, you will buy almost 2 bitcoins. Do you think 1 bitcoin or 2 bitcoin will be bigger in the future?

it will always happen beyond the analysis of all those who are currently continuing to provide that information on the price of bitcoin. because no one will be able to provide an accurate analysis but only estimate it and of course all can accept that analysis or not.
but continuing to invest by buying in installments is of course a very positive thing, because we and all believe that in time bitcoin will repeat itself to reach a renewable ATH and usually after the halving period has passed.
even if next year when the world economic situation has not improved, it is certain that the price of bitcoin will be worse off than it is at this time, it might happen, but why worry about it because every purchase of bitcoin will increase in time. so there is no need to worry about whether or not it will decrease again next year. Continue to buy and store, so you will achieve profits in time.

I am pretty sure that no matter what happens to world economy, bitcoin will do a lot better. Why think like that? Because as a reaction bitcoin could be doing worse, and because bitcoin is doing worse there are companies in trouble that work within the crypto industry as well such as FTX bankrupting and all the bad news that has been coming out.

However, as the world gets used to the economy, we are going to have people adjust to new reality of the world and we are going to end up with something much bigger. I am not saying that people will have plenty of money to spend, but they will adjust their budgets more precise and it will not be a shock anymore.

Without a doubt such a price difference is significant but at the same time we need to plan for the different scenarios that we may encounter, and it is also possible the bottom has been reached already, so in the case the price does not go down as expected you need to still take action as the price of bitcoin even now is very attractive, since I have little doubt that during the next bull run we are going to finally surpass six figures for the first time ever.

I do agree that bottom has been reached already, that is a likely scenario that we shouldn't really consider as impossible. I mean I get that there is this tension in the markets and we are not entirely sure whats going to happen, and that scares me too but that doesn't mean that we should leave reason and logic aside and start conducting our investments with our emotions neither. The data shows that there is a good support, and that means it should be as clear as possible that we should not be going down further unless something major happens, which sometimes happens, but I won't be expecting the unexpected and invest like that.

So whats the bottom price?

Its really hard to make out conclusions considering that we've been able to see some fake pumps or increase but eventually trying to go back on where it was before.The hard thing on here is that
we cant really be sure if this one would be the start of the reversal of such trend.It is really too unpredictable and the price is really moving sideways on which it is really that hard to
presume on where it would be going.If you do see that it is already the bottom then its up to you whether you would really be getting in and invest or
would wait up a little further.

We cannot predict the actual price movement but the pattern of movement indicates a decline due to Christmas and year-end holidays, the trend recovery will start at the beginning of next year as the market has been bearish during the last half of the year until it hit the same year low as the ATH achievement , but I believe once the big FUD has disappeared then the initial price recovery of BTC will hit a high

Price sideways on Bitcoin are still very frequent this month and that makes Bitcoin not immediately at its highest point for this year. And for next year, I also can't make a more precise prediction other than just looking at the conditions that can affect the price of Bitcoin in the market. Because price recovery in Bitcoin always requires a little bit longer than a drop that can happen in a very short time like what happened this year

I believe 15k+ above will hold. Too many people are assuming that some fiasco such as Luna or FTX will happen again and we are going to have another big fall but I do not expect anything like that. The longer we stay around these prices the more it hurts companies in the crypto world, the more they hurt the closer they get to bankruptcy which could cause some trouble that is for sure, that's the fear people have.

I believe that we have been here long enough that most major players already established a base line, a line of credit, a loan or whatever and will survive long enough to see the price start to recover. Hopefully that will be soon enough because people are tired of waiting for a bull run.

it seems that the price level of 15-16k will indeed hold up. but the fud surrounding binance's bnb seems the current talk in the market. as BNB is said to fail in listings in major US exchanges except their Binance.US counterpart.

Binance Failing to Get US Exchange Listings for BNB Is Yellow Flag for Crypto Analysts (https://www.coindesk.com/markets/2022/12/23/crypto-analysts-see-yellow-flag-in-us-exchanges-refusal-to-list-binances-bnb-token/)

we have no idea what it will do to the crypto market in general. but binance is a strong trading platform up until now. for sure, they are doing some vital steps not to follow the path of FTX.

It seems you are a new investor in crypto and I suggest you for long term investment because long term investment has lower risk and no need to use complicated analysis.
No one knows what the lowest bitcoin price will be but if you have faith that the bitcoin price will drop to $12k no problem, all you need to do is wait for the bitcoin price to $12k and buy. But the risk you have to face is that you might miss the best opportunity to buy if the current price is actually the lowest bitcoin price (not $12k).

Unpredictable , cannot be given exact prices but we can speculate its movement , we can asses that it will grow in certain period of time?
we can also assume that this can fall  from here and there.

But for me personally ? i care nothing about  the bottom because this is only my chance of buying .

Indeed, for long term holders or at least who have seen the last bear market, experience it and learn from it's mistakes and lessons, then we don't care how low can it go. And put it this way, it's better for the price to go down so that we can buy at the bottom, take that opportunity, and then hold for the next bull season.

I know it's going to be very hard, but then again, this is how the market works, the bears is going to be a big test for the majority of us. And so it we somehow passed that big test, then we should know what to do next, that is to accumulate and buy at every leg down.