Bitcoin Forum

I bought the other day and we have seen yet another crash since then it feels like there is so much bad news and FUD at the moment.

I feel like having a break as I am starting to feel we could go close to the lows of last year, not sure if we will go that low but could go close so thinking of waiting until we see at least another 10% drop to buy more.

How is everyone else feeling?

Hard to say how low it will go. I knew that we were not gonna see big numbers this year, so I don't care. I'm just gonna keep buying it while it's below $30k. If you're feeling bad just don't watch crypto knew and don't watch your portfolio every day, relax and do some other things.

Yeah I have been in crypto 18 months now and it has just been a long 18 months and for the first time feel it testing my patience.

I will hold though will not be selling anything and just keep reminding myself 2024/2025 will hopefully be better times for us all.

Still fine, got used to this, and won't let me panic. I'm long, no matter what the market will show for these drops, I am firm to myself that I'll hold no matter what happens.
If you're feeling that you need a break, you really need that so that mentally you'll be prepared for what's gonna happen soon. You may not take it for now if you're still new to the market.
So taking a break will help you and will make you decide and think better afterwards while looking at the plummet of the market.

There is almost a similar thread created by indah rezqi (https://bitcointalk.org/index.php?topic=5456370.msg62407187#msg62407187) on speculation board, you look up there to get some tips.


Overall since the past 18 months that you have been in this space cryptocurrency has been low in price Infact January 2022 had a closing price of around $38,500 and towards the ending of the last year it fell to around $15k. This could be associated to the fact that throughout last year they were just different economic crises that tested the bitcoin market, the inflation which resulted in increase in interest rate and also bankruptcy of some banks like Silvergate could be one. Another reason that strongly affects the market again is the fact that exchanges mostly centralized ones have been in the mix of either crashing, been hacked or sued like FTX and the current Binance fiasco. This actually has made some investors to take off their holdings into other assets.

Another thing could be the much anticipated bitcoin halving period happening next year and according to past trends the market suffers lows like this before the period. So judging by the past trends I would say hold on to your holdings and if possible accumulate more if you have the funds. Do not wait till it get lower than this, you can utilize the DCA method to minimize the loss risk

If you have decided not to sell anything until 2025, you don't need to worry about how much more bitcoin will drop, and moreover, no one will give you the exact answer to what you are wondering. Instead, you should be happier if the market continues to fall into 2023 because we will have more opportunities to buy bitcoin at a better discount than many others. I myself am expecting bitcoin to continue to fall below $20k this year, and I would really celebrate if that happens instead of being scared like many others.

alot of people buy and think that THEIR buy is the low and anything below that is a disaster and a "CRASH"

its not, its jsut normal market activity. no one can truly always buy the bottom and win.. everyone is speculating to some extent on the % of premium above bottom they are willing to pay, to invest in future bottoms rises to profit from when the prices move up long term

the way you have to look at things is to understand that the market rate is speculative and moves. however there are periodic well tested bottoms.. which are supported below the market rate, by things like the ultimate most efficient mining cost on the planet.. (cheapest acquisition of btc on the planet no one wants to sell below)

when you can calculate the lowest acquisition cost available on the planet currently (cheapest mining on the planet) by averaging out a periodic cost. then you can find that support bottom a market may CORRECT and test down to..

when it comes to then buying. you are no longer under the flawed premiss of thinking what u buy is the bottom to then be shocked/dis-heartened that its not.. but instead realising that you are buying on the market for a x% of premium above bottom. where you would decide how desirable you want the coin at that point. and knowing by how much above bottom it is you can speculate how long you may have to wait for the new bottoms of future periods need to raise to become above your buy-in price for you to make ROI/profit from

realising when the markets go below your buy-in, is the market correcting from premium down to value. and testing new bottoms.. rather than seeing it as "crash"

$15k was the 'bottom' test of 2022
all mining even the most efficient on planet is above $20k in 2023 so that could be the new test bottom. however as months move on it could even be $23k if a certain amount of financial quarterly periods sustain the market above a certain amount and the hashrate remains up too..
but one thing is for sure.. unless hashrates drop 60% or something big breaks that makes bitcoins utility un-utilisable we are not going to see another $10k, $15k bottom again

This behavior will lead you to lose your money, and I advise you not to follow it, which is to be very optimistic when you hear good news and pessimistic about any negative news. Emotional interaction like this with price changes will lead you to lose your money, because you will not sell if the price goes up and you will not buy if it goes down. You will always repeat:

You will still look at the 10% and when it happens you say why not wait for the price to drop by 15% like this until you find that you have missed the opportunity.

I say let it drop, let the FUD go on and allow it to reach a rock bottom. Then we will attack with our fiat stash and buy enough to overfill our bags and continue buying as the price keeps dropping. There are few opportunities which one cannot miss, falling bitcoin prices is one such. Don't be of the opinion that the price drops mean a poor asset. The drop will stop at one point and rise will happen, this can be seen from past charts.

In trading being optimistic about the asset is a major important thing and for Bitcoin this carries an immense role. Buy when you can otherwise you will lament the loss.

Why are people spreading the news on fear of missing out in bitcoin when they are not investing on other cryptocurrencies or seing the bitcoin price going down to nothing, instead the value has always been making resistance to low or rise and this period only calls for high volatility because the resistance on either of the way is about to break and there's more to that of going bull and running dip, the Binance news and challenges are nothing to cause fear neither is the economy market of fiat currency responsible for these.


There's nothing to fear about even if this is where we are heading to as ling as we are not going too low to less than $10 remember the closer we go the more we are approaching the bitcoin bullrun which is occasioned by the bitcoin halving next year.

In reality, no one can foresee the market's price over a given time period. However, if you know how to evaluate the market, you will be able to predict where the price may go. If you know how to recognize market structure, you can simply establish what the current trend is and whether it is bearish or bullish. According to my analysis, the market is still bullish as long as the price did not falls below $19,000, because I will consider it bearish if the candle in the weekly timeframe closes below that level. What we are seeing in the price is, in my opinion, merely a retracement before the price continues to rise and create new highs.

The price is currently around $25k. It's not ideal, yes, but it's not terrible either. It's possible that we'll have another bear year and see improvements somewhere in 2024. In that case, Bitcoin can easily drop to $20k, perhaps even $15k. I don't think the latter is likely, but it's not impossible at all. When investing in Bitcoin, one should take volatility into account and be ready for lengthy bear markets. If one is too anxious seeing an investment down 5-10%, I'm not sure Bitcoin is a good choice, as it will bring a lot of anxiety to such people.

I hope OP invested after truly realising that he could lose all his money. This is the only way to enter the path of the hodler and be able to walk the full tour: I remember how price dipped back in 2020 (below 4K USD) and how next year reached a new ATH of almost 70K. For such a volatile market you still need nerves of steel even if you don't need the money, and that goes without saying if you need it.

About your question, I still don't know the reason why the price keeps dipping right now: news about the SEC and Binance last couple of weeks seem to be the trigger, but i'm not quite up to date with the current narrative.

Bitcoin's fall is bound to be due to this FUD news not even being able to escape because between the tensions between the SEC and Binance the market crashed overnight and a few days ago it did the same thing, so FUD news is definitely affecting the crypto market.

You are free to start any analysis regarding the price of bitcoin whether it will continue to approach a decline because this is indeed a market that continues to be caused by negative news so I think a crash might happen at any time this year, some even said they would try to buy from that $20K price will definitely go there again, but I don't know for that prediction.

Not knowing other people's feelings maybe they also panicked, I tried to withstand all the market shocks.

Yesterday crash is just the lowest price point when the first crash happened. It's called retesting of the support. Learn how to use DCA to have a better price entry in an uncertain market. I think it will be on a sideways again since the issue on SEC and inflation are still ongoing.

There's still no sign of positive market so don't expect that it will recover overnight after you invest. Keep buying and hold until the bullrun because this is a perfect opportunity to buy more in preparation for the next year halving. Don’t miss out this opportunity.

Not all bad news are fud, be careful. Black swan events are not fud.

Don't time the market and don't find absolute bottom of market within a year or a cycle. You will never time the market 100% correctly.

If you are a trader, you must use Stop loss or Stop limit order to save your capital.
If you are an investor, you must apply Dollar Cost Averaging.

The common for being a trader and an investor, is protecting your capital. If you lose your capital, you lose everything and with empty hands, empty wallet, you will no longer be able to trade or invest.

I am just feeling my patience being tested today that's all - I have not sold anything at a loss and wont.

Hopefully we only have a few more months of this bear market and things will start to look up.

I started my crypto journey at the worst possible time one week after the Bitcoin all time high so it has just been a long 18 months of buying and holding I am just hoping it pays off next year and 2025.

It's not that bad either, judging by how the situation with the SEC has progressed. Bitcoin is the only coin that has shown minimal volatility and retained its value, which is quite logical if you ask me since the SEC is mostly after altcoins. Personally, I'm greatly satisfied with the current price, and if the lawsuit against Binance doesn't take a turn for the worse, it's very unlikely to see a new bottom. As for the OP, it's perfectly normal and expected to experience a lower price after conducting a purchase; it has happened to everyone, including myself. It's not something you can easily predict or expect, so you shouldn't have any regrets.

Of course, late or early bitcoin will be an inevitable means of payment as it is now,

keep accumulating crypto

Don't panic sell and sell, the biggest mistake ;)

Exactly this. It all depends on the way you look at the charts and the price you buy.
For someone looking at a 1m chart, a 1% move looks like a crash. Another person looking at 1d chart is going to see a red dot that can turn green by the end of the day.
I saw only 3 significant moves in the last 12 months.
1 was the large dump in June that would've been a capitulation if not for the FTX.
2 FTX bankruptcy in November
3 The return to the 200 WMA in March.

When one person sees all doom and gloom, another person sees an opportunity. You crash your car, you feel bad about it, but it's money for the towing company, the mechanics, the parts store owner, the car manufacturer... A lot of people make money on your mistakes every day! Don't think that if you sell in fear there won't be someone who benefits from it.

Am guessing the bad news you are referring to here has to do with SEC suing Binance and Coinbase, but if you ask me this was inevitable! When it comes to the US markets their is some much regulation going on here and very few of our excahanges can survive especially that crypto users love their freedom which exchanges can not guarantee in such an environment.


But if you look at market price, Bitcoin has performed well despite all this..would have been worse and for this I don't see price going any lower. For now price will keep ranging/ consolidating until it generates enough liquidity it can use as fuel to make new highs.

We are still on the right path, better days are yet to come.

I think we can see 20k or even sub 20k for some short period of time, but that is pure speculation.



This is the best advice here, since if you constantly buy then you will have a very good average entry price for your crypto. You can never time the market correctly, that is also not how large investors invest and is basically not how any investor should do it.

In recent times, the SEC case against Binance is going to have a big impact on the crypto market. But investors are always advised to prepare a long time investment plan. At any time the market can move from positive trend to negative. This happens often in cryptocurrency market. Since Binance is one of the largest exchanges in the world, there will be some temporary effects. Currently the market is slightly above $25k but it is likely to go down further. At this point one should just research for the purchase without panicking. Because Bitcoin may show a big bullish trend in 2024. But investors have to be patient till that moment.

"at the moment"? Where've you been the last 12 months or so? Ha, it's been FUD for at least a year now and on a downhill slide since SBF's fall.

Still, I like how the FTX drama feels very recent, and that halving feels not too far away -- meaning we won't have much time to enjoy this DCA period before the FUD dries up and then the fomo lays it on thick.

In 2023, what I find hard to believe is people are still worried at $25k BTC, and waiting for a "10% dip".

Actually this is really a though time for the market anyone investing should get some break before going further to invest, there are lot of trouble around the crypto space. This is not only Binance but I think Coinbase is also facing same issues as binance so, there's so much trouble affecting the market due to SEC watching understand Binance.us and Coinbase exchange.

Best is the hold on a bit just as you said possible -5 percent or and above you may buy back to hold, but as a smart investor all these bad news will also raise another crypto millionaire by 2024 during or after bitcoin halving. You may read more about the turbulence over here. (https://dailyhodl.com/2023/06/11/sec-asks-courts-for-permission-to-hunt-down-binance-ceo-changpeng-zhao-via-alternative-means/)

Better think about how much the price of bitcoin can rise after the halving. Bitcoin mining cost after halving should be in the range of $20,000-$30,000.

The cost of mining bitcoin from large miners
https://bitcointalk.org/index.php?topic=5455754.msg62374983#msg62374983
It is difficult to buy bitcoin when its price drops, but the $18-20k zone will probably be the last one in this decline.

If I'm being honest right now, I'm wishing for bitcoin to go lower right now because I am nearing my payday and I want my next top up to be worth my money, have been accumulating bitcoin slowly through DCA and I would probably blow half of my paycheck if the price would go much much lower than usual, fuck the vacation plans, the restaurants I want to check out and the stuff that I plan to buy, they can wait or maybe even get an upgrade for the stuff I plan to spend on if the bitcoin I've accumulated grants me glorious profit. The race is towards the halving, accumulate as much as you can before the halving because we know that bitcoin's going to break the highest price and you don't want to be empty-handed when that happens.

Congratulations on your first 1.5 years in the world of cryptocurrencies, and I hope next years will be at least a little less stressful for you. Since I know your story well, I hope you're a little less exposed to altcoins, and a little more in BTC and maybe some other alternatives.


From your perspective, the year may look bad, but just remember the last few months of last year, and compare it to this year and you will see that the price of BTC has significantly recovered, and that means that all those who invested in it do not have too much to worry about. If you're into altcoins then it's definitely a different story given what's going on right now, but that was a risk you had to take from the beginning.

The question of how low the price will go this year is something that is difficult to answer, but obviously a lot depends on what happens in the US in the coming months. However, even if nothing were happening I wouldn't be surprised that the price is going down, because the moment we are in is still very unfavorable for any pumps that are speculated about.

I guess we are at the yearly low already or pretty close to it. I don't think we will fall any lower. In fact, I'm surprised we are here, I was hoping for some $30-35k arena at this point. Last cycle, 2019 was sideways with very few fluctuations and in 2020 the growth resumed. I guess it should be similar this time too.

Binance has been under pressure for a long time, and the downward movement of bitcoin is due to a combination of factors, in particular, the fall began after yesterday's Fed meeting when it became clear that the interest rate would remain unchanged. I didn’t think that such a reaction of bitcoin would follow, but I repeat, I think that this combination of many factors influenced bitcoin, and perhaps for some time the price will fall, but at the moment I don’t expect a drop below 20k.

I feel that a golden opportunity is coming where I can buy at a lower price, but at the same time, I know that what seems to be a golden opportunity is not guaranteed because the market, being so dynamic, could just take a turn overnight and before you know it, it's trading above $30k or $40k. So, since I am not certain and the price analysis is not even 100% guaranteed, I just have to be DCAing when I have some USD to invest. Even if I am expecting the golden opportunity to buy lower, I can keep DCAing until the opportunity has fully presented itself; otherwise, I might wait in vain to buy at the very dip, but it will not come. Someone wanted to buy Bitcoin at $12k last year, but I told him that Bitcoin could not drop that low. He didn't believe me since I am not an expert, but he ended up buying it at $20k.

You need to develop a strong long-term mindset and commit to holding your investments despite market fluctuations. Having a flexible approach can be valuable in navigating the ups and downs of the cryptocurrency market. Also, taking a break from actively watching the market can really provide a mental respite and help you gain perspective. Because the cryptocurrency market can be volatile anyway, it is unpredictable what will happen next. Taking a step back gives you time to reflect, so you can make more informed decisions based on your long-term investment strategy and goals.

At this point nobody knows actually what to said, the truth is that the lows keep going down breaking the old years records because even natural policy do not act in favour of bitcoin this year, so I suggests you keep taking advantage of falling price or stay off for sometimes.

The crash or the dip is affecting everyone and also in the time people are benefiting from it. For the bitcoin market all sides are beneficiary to smomeone. People buy and sell at all period. Traders are very much happy in the bull time while those who buy and store ir, that the holders are happy when the price is in the bear market.

Op since you bought it when the market was crashing and since you are keeping it for future bull time then you don't have to e disturbed because time is co.ing that everything will be okay.

I am feeling normal. This kind of market movement is just a normal trend of Bitcoin.  Exchanges getting sued or shut down is also a normal thing in crypto industry.  US SEC charging important institution for crypto market is also a normal event in crypto Industry.  I would say not to wait for another 10% drop, just DCA since more fund spending buying @ a lower price can always be turned into a profit especially since Bitcoin is way past on the half-point of its cycle and is nearing to get bullish as the halving is getting closer.

The price has fallen in the last few days and it did not look good, but currently it is going up again and I think there is a reason for that. The world biggest Assetmanager will submit an application for a BTC-ETF. I mean BlackRock. And I know BlackRock holds a big stake in MircoStrategy. There are other sources, but i currently only have a german version. And if you want to keep bitcoin for a long time, then 10% drop is not a big deal, if Bitcoin makes a x5-10 in the future.

Gerüchte um Blackrock Bitcoin ETF: Wie stehen die Chancen?
German Source: https://www.btc-echo.de/news/geruechte-um-blackrock-bitcoin-etf-wie-stehen-die-chancen-166170/

The more FUD then more publicy we have then more FUD and this its gonna be endless until we take the rocket again.


Another thing i really think its, meanwhile the usd dollar and the traditional markets are unstable they are gonna spread a lot of FUD in new markets like crypto and etc, because they dont want to see that money go out from the traditional systeam against the new one. When all comes to a more quiet water we can see a decrease in the FUD in general.

Just fine as I see that there's a quick recovery for Bitcoin.

This is the reality in this market, there will be unstoppable FUD that shall come from unexpected times. And you just can't be confident that nothing is gonna happen when everything is calm. You'll see news media outlets spreading FUD from individuals that have names in different markets just to manipulate the market.

The best practice is to take a break whenever you feel and convinced that the price of Bitcoin will go more deeper,  no one knows how far this current correction will go but at the same time, long-term holders will have the upper hand at the end of the day,  so instead of selling at the low price it better to keep holding while limiting your buy in order in other to prevent further losses if the market continues in the declining condition.

So there is no need to panic,  rather it is time to hold back and watch for the next possible action that the market is going to take.

I am definitely expecting a crash in July and August. It is hard to say how much the price will drop but if I know one thing for sure is the bull market still has some time to begin.

None is sure about the price drop. Whenever such scenario arises it is good to take break or it is better to stay on the safer side. According to experts, every drop in price need to be considered as an opportunity. In such thoughts it is good to go with DCA whenever you prefer making an investment into bitcoin. The market correction have taken place reaching around $25k and slowly it have started to grow slowly. Maybe for some time period it can move within $27k.

What is wrong with technical analysis? At the end of the day, most of the investing and trading principles are laying on it. Yes, the price is going to drop in the next month or two. I have my buy orders set, so we will see. I am not trying to prove anything, just sharing my prognosis.
*It is not financial advice. ;)

Now it goes down badly to 25k and still going low and this is how market shows now https://coinmarketcap.com/currencies/bitcoin/
bitcoin may go low to 20k (it is frustrating but how the market is going now? then it is badly coming)
lets hope and pray that the value will stay positive at least in the last quarter .
2023 is really a volatile year as we are approaching halving season next year.  

If we knew how deep it would fall and when it would start to rise
I don't know whether to wait for the lowest point, because no one knows what it will be. You can use the DCA method to minimize the risks.
We need to understand one thing, that always when we buy we think that this is the lowest price, but it always happens and we must be prepared for this and not make a tragedy out of it. And the fact that the price continued to fall after your purchase is not the end of the world. Everything will be fine, you bought at a great price, there is no reason to worry.
It is very good that you wrote this message here and did not begin to worry inside yourself and make mistakes.

I read that news in WO yesterday and I have to admit that it could be considered a positive sign, because today it was confirmed that an application has been submitted for a spot ETF, and we know that such an ETF has not yet been approved in the US. However, as I already wrote in the WO post (https://bitcointalk.org/index.php?topic=178336.msg62413616#msg62413616), the SEC can extend the decision up to 240 days (if something has not changed in this regard), but if BlackRock succeeds, then it would be great news, after which the halving would follow.

It seems to me that it would be an explosive combination, which means a more than clear sign for a new big BTC pump.

You shouldn’t give up, the current crash happening is just temporary and with time bitcoin will bounce back, you can’t just buy bitcoin and you expect to be in profit immediately, bitcoin might drop below the amount which you purchase it but you just have to be patient, maybe you haven’t experienced something like this before, but the person that introduced you to bitcoin investment is suppose to have taught you about this already.

Don’t be surprise few years ago lots of people took a break and they missed the bull run, if you won’t be using the money that you invested, then you can just leave the money their and ignore all the market manipulation. It’s always advised you invest any amount you won’t be using in short period of time in because of situations like this. Nobody knows how low or high bitcoin is going to go, nobody knows when the bear or the bull run will start, so just do your analysis and if you think it’s the best time to buy then just buy.

Technical analysis is right only 50% of cases. You can use that to make a prediction but not use that as the cornerstone of decision making to buy or sell. We can use your own intuition to do better than that. Most of us should focus on just buying low and continue to do so because the market is not going for a bull shift anytime soon.

Keep buy orders set and keep patience. We have to trade over long term to realise the maximum profit of Bitcoin trades.

If technical analysis only gives 50% to be right, I won't believe in such analysis, which I did not.

Without technical analyses, I can choose one and get 50% to be right and rest 50% to be wrong. I don't need fortune tellers and their technical analyses to make decisions.

I agree with you that technical analyses are for greed traders and gamblers who need to have something technical to believe in.

Investment. Buy low. Hold strong. Don't give up your belief and your plan.

I don't need fortune tellers and technical analyses because I knew about Bitcoin block halving and its controlled supply.

I guess Bitcoins won’t fall below 23,000 USD. The reason is pretty simple: when the price goes down,people will buy it again. Hence, as they start buying, the price will automatically go up due to the increase in demand among the people to acquire the bitcoins. So yes, I am not expecting bitcoin to fall very low, but yes, some price fluctuations can be seen. I would advise all to not panic so much and buy as many bitcoins as you can at this low price. We might see some positive news at the end of September.

What you are trying to do doesn't make any sense, you are simply trying to find the perfect bottom to keep buying bitcoin and I wish you the best of luck with that, things doesn't work that way in the crypto space that is why you need to keep investing even when you are uncertain if the price will go lower or not, there are some people in the past that have missed the bottom because they are believing that bitcoin will go lower just because it did the same thing in the past bear market, things always doesn't work out like that in Bitcoin investment that is why dollar cost averaging is the solution to all this hopes and dreams of lower prices.

Avoid getting caught in the same trap because you will end up missing out, and you will keep blaming yourself for being stupid, if you are someone who buy bitcoin every week or every month you will find it easier and worry less about if bitcoin will go lower or higher because it doesn't matter, we are still in a bear market and this is the right time to keep buying bitcoin anyways.

You Bought in deep Congratulations. Because i think Bitcoin is now up train. Bear market is so far. Today last 24 hours Bitcoin price increased 10%. It already hit $30k+. Just bull market i think. You told 10% price will drop but 10% increased. FUD are common matter in crypto currency market. But it’s impact creat for short Time.. Within short time FUD impact were end. But now huge good news available for market pump.
Many many big investors coming and investing on crypto. And some people investing on crypto for long time. Bitcoin created his usability and it increasing day by day. And i also think And in 2023 bitcoin will hit new ATH it is my personal opinion.

If you are still holding, and probably later bought more In the deep, then a big congratulations to you mate, bitcoin is now a little above $30k, I believe this is the second time we are seeing this price this year, this is another prove that every bitcoin dip is an opportunity to buy cus the price will always rise back the highs again.

And for how I am feeling right now, I feel that I am not ready for the coming bull run yet, I need more time to accumulate more bitcoin and maybe some other major  altcoins before the bull run kicks in, I missed 2017/2018, missed 2020/2021, I must not miss this 2023/2024 , I believe the current move up in the price of bitcoin is just a reminder to us that the halving is fast approaching and all should get set for another profitable year in crypto.

Am with you on this my friend, although I don't have any portfolio with on any altcoins as am still trying to gather up some nice stalk of BTC and like you said every dip is actually a major opportunity for me to buy and hodl. This year has been a good year so far compared to last year bloody fiasco with so many saga which affected the market and was kind of blessing too as the price went so low which was exactly pitch perfect for buying.

Indeed, it's quite a challenge to time the market. What OP is trying to do is akin to catching a falling knife - a perilous endeavor, especially in an unpredictable realm like cryptocurrency. I suggest embracing a more disciplined approach - regular investments over time, also known as Dollar-Cost Averaging (DCA). This strategy not only mitigates risk but also eliminates the emotional aspect of investment decisions.

While it's natural to harbor fears during bearish market trends, remember that Bitcoin is built on solid fundamentals. The technological revolution it brings about and its potential as a hedge against traditional financial system instability are reasons enough to stay optimistic. Bitcoin is much more than just a trading asset; it represents a paradigm shift in our perception of money.

Even 7 days ago, BTC lost its price and fell below $25,000. It was a good opportunity at that time and those who bought BTC are now in a good profit for the seven days gap. But BTC holders don't usually move for temporary profits. They focus on long term profit. The market is just preparing for a bullish trend so this time should be given due importance and the portfolio should be increased. This may be the highest and the last dip towards the next bullish market.

In order for bitcoin to go that low the FUD we would be facing will have to be massive, and even the recent events trying to scare people away from this market did not worked nowhere near as well as expected by those which oppose bitcoin.

So it seems 25k is the natural floor for the price of bitcoin and if we reach it again then we must not let that opportunity to pass us up, as anyone that bought at that price is now enjoying a 20% gain in a matter of days.

I think that is because whatever happened with SEC, has nothing to do with bitcoin and that is why it didn't really get an impact. Even the worst possible thing that could ever happen ended up happening, that has nothing to do with bitcoin and that is why people felt easy about it. It was like a safe harbor, it was a place where people ended up doing whatever they wanted to do and they ended up with a good result in the end.

You could simply just run away from anything and just find yourself safe at bitcoin, this is why most people preferred bitcoin and that is why I think it is going to end up with a great result eventually. This means that we are not going to end up with a great result, it is going to take a while but it will certainly happen.

I can't be as sure as you because I don't have any proof to back it up, but I also believe there will be another dumping this year or 2024 before the halving takes place. While people are hoping and believing that the market will recover from now on in preparation for the block reward halving, it is very likely that things will turn out differently. The market always tends to go against the crowd and that is why many people invest in the market, but not too many successful investors.

If individuals, including yourself, refrain from selling their Bitcoin holdings, it could potentially prevent further downward movement in its price. However, it is important to be aware of certain factors before investing in Bitcoin. The cryptocurrency market is highly influenced by news events, whether they are positive or negative, and these events can have a significant impact on market dynamics.

One thing you should know about the Bitcoin market is to buy your bags and hold the ones you are capable of holding, the halving is already less than a year away, you will make money out of this, and don't buy into FUD, particularly now that Bitcoin is weak on the chart from MACD view and low volume, the SEC is also attempting to fight it using Coinbase and Binance US, but we all know that Bitcoin always wins, be positive about Bitcoin.

Bitcoin has been pleased us with the price increase in recent days, but I thought there was little chance that the price would break through the resistance level of 30k. If she does, then the price of BTC will rise to 48k, judging by the past resistance level.

But it seems to me that the price will rather fly down. And I would like the price to fall to 8k, this is the level of a downtrend, but at the intersection with the level of Global support, a point at 8k is formed. Then we would have bought and the price of bitcoin could have already received an impulse to grow up to 48k, and maybe up to 70k.

Let's see what will happen in the next few days.

https://telegra.ph/file/b2e73b68be09aabfe792f.jpg

Your insight into HODLing's sway on Bitcoin is great. Singular acts might seem insignificant, but together, they form a bulwark against bearish trends—it's 'Unity in Strength' in the financial sphere. Agreeing with you on external factors, market sentiment waltzes to the rhythm of news and regulatory developments. It's an absorbing dance of data and conjecture that we, as traders, must observe keenly.

Your bright outlook on the impending halving event is invigorating! I second your view that a savvy 'Buy and Hold' approach could be a cash cow. As for regulatory hurdles, Bitcoin is a stalwart system, designed to brave tempests. Regardless of MACD signals, I'd contend these are fleeting ripples in the broader perspective. We're strategizing for the long haul, right? As for the SEC, their bids to restrain the freedom of crypto giants like Bitcoin have merely fanned its popularity and tenacity. I foresee a radiant future for Bitcoin

The market has recovered and that's why you should have the mentality to hold whenever you see a crash in the market. Don't start panicking because you'll lose when you sell. If you see a market crash just know that the market will recover again and those crash give us opportunity to buy more Bitcoin and that's what smart investors do, they buy during the crash instead of selling as most individual investing in the market do.

We have seen the lowest the price of Bitcoin will go already and that's below $20k. It won't go below that and for the rest of 2023 we'll be testing below $30k until the market goes above it and climbs to above $40k. It doesn't matter how low we go because we'll always recover.

It's stuck at 30k now but this bullish move is being directed to the renewed interest in ETF and if that is the case, I hope it does not die out like what happened a few years back. The biggest factor pushing the price upward would be some big corporation mentioning it but that are cunning not to reval such facts but work in the shadows accumulating bitcoin unlike us.

What we can do is cash some profit if someone bought at the lows of this year. But if not bought previously then just wait it out before the next bull run. Obviously the bull run works if you have money at hand. Buying at the 11th hour is a bad choice.

Which other day did you bought bitcoin? Hope its not dis year, because since the beginning of this year, bitcoin price have been moving upward gradually, so i don't know the rash which you are talking about. Didn't you learn about bitcoin before investing in bitcoin? the crash happing is normal and i see no reason why you should panic, when investing in bitcoin you should be ready to hold for a long term and invest any amount you can afford to lose.  

If you are having the feeling that we will go low close to last year price, then its better you just sell and wait for the low before you can buy again, but don't be surprise if bitcoin did not hit the price which you wish to buy before the next bull run will start.

The only thing i feel you should do is to invest for long term, don't invest any amount you will be needing soon, don't take loan to invest in bitcoin, and don't panic due to little dump in bitcoin price. Just keep on holding and with time bitcoin price is going to bounce back but nobody knows when that will happen.

Bitcoin price will not go below 25k$ in this year and it will not reach the level of last year bear price. And as it is said, in this year, the price will hovering between 26-30k$. But it might pass 30k$ but it will still come back to the above rate. From January to this month Bitcoin price is not too bad. For those who bought last year 2022 when Bitcoin was 15k$ and 16k$ have already seen their gain in the market.
And also those who are buying this year will the same time see their gain next year. Therefore, buying or investing in Bitcoin now is a good investment.

Well this was posted like 2 weeks ago so I would like to ask on how are you doing right now? I was kinda not setting my bars too high when it just went past 30k, but hey 31k for a short-term gain is quite a lot already here in my country when I sell.

Get rid of that feeling, JamesDaniel90. Unless you really have the accurate graphs and data for that "lows", you're just kinda overthinking it.

Writing this 1 week later after your post and yeah, it was a great short-term gains. Too bad that I did not sell a bit from 31k, but hey I am a long-term hodler just keeping my ears and eyes open for any "good" predictions and good news so I wouldn't mind even if I missed out. :D

Yes, bitcoin recovered and had positive movements in the first 6 months of the year as it went from $17k to $30k. But I want to ask, on what basis do you believe it will never drop to $25k this year? Bitcoin is trading above $30k, and we have 6 months till the end of the year, and there is no guarantee it won't drop to $25k or below $20k. It is too early to say anything about the future of bitcoin this year.

Look, if you are feeling nervous and worried about a possible 10% drop you either invested too much money or simply you can't handle the pressure. If it's the first case then you made a big mistake; if it's the second then you just need to get used to it, and think that bitcoin, during its short history, several times lost 70-80% of its value so a 10% drop is literally nothing.

 The price of bitcoin is very unstable and unlike the other fiat currencies it's price can be determined by demand and supply, you shouldn't be worried or pressured about it's price cause now is the best time to buy and Hodl btc and even if there would be a drop in price from it's current price of about 30k and don't think it would go below 20- 15k  maybe 25k because we're heading to the 4th year cycle of bitcoin where it's price surges very high and there's a speculations that it would get to it's all time price of above 60k so like I said do not panic rather buy and hodl or stake btc and prepare for the 2024 bull run.
 
Most experts predictions sometimes are too good to be through and it was predicted sometime ago earlier this year that the price  of bitcoin would fall below 5k but it turned out falls because it's has surged from 25k to 30k only in the month of June and the higher the demand due to its surge could mean higher price.

Buying bitcoin when its lower in price than 30k$ is good option and as now its slightly above 30k$ so everyone can buy it because its price will be more than 30k$ so try to buy if you have patience and you can wait for rising price.

Just buying is not necessary but rules should be followed and as you are buying this time so make it sure that your decision of taking profit will not effected by price Fluctuations. In think you should buy this time and don't wait more because its not sure that it will reduces and if once it goes more higher then getting profit through investment in such  higher price will not be easy.

I think your post is hard to understand, but I know what you mean.
Buying bitcoin at lower than $30k is a very good decision, but only if you are optimistic that in the future the price of bitcoin can recover to its past ATH. Anyone who bought for less than $30k back then, they're getting a good return now because it's already over $31k.

I can't imagine how much return MicroStrategy has made on their bitcoin investments so far, but they don't seem to be content with everything they have and continue to do so on an ongoing basis. But bitcoin can be bought at any price, but if you doubt the price can fall any lower then of course you should have a good plan like DCA or something.

If the halving cycles continue to have the same impact on the prioce, 2024 will be the beginning of the FOMO phase which ends in 2025, with the ATH being more of a 2025 thing than 2024. If that happens, even if the bearish correction begins in 2025, it will take at least 6 months for the price to reach the price we see at the moment, but it will depend on the high. If we only get to 100k this cycle, it's possible we'll see 30 or even 20k in 2026, but if it goes higher, maybe to 150k or above that, the bottom of the bear market could be at 35 or 40k.

They buy at a price of $30K and then bitcoin recovers at the previous ATH price, so they get 2x more returns, or if bitcoin hits a new ATH price with $100K, that is my shadow, returns can be 3x more, it is even very possible because history always records that bitcoin in the end hit another high.

Because there is a lot of speculation about the future ATH price starting from 100K - 150K - 200K they can predict, we draw the most likely conclusion that bitcoin can return at a price of $ 68K then our profit from bitcoin has doubled.

It's a company they have a lot of capital and of course they buy a lot of bitcoin, I imagine that microstrategy will get hundreds of millions of dollars in returns when the bitcoin price returns to ATH, well it's very possible they have a lot of bitcoin in their wallet.

The simple way is DCA if we can't afford it by buying a lump sum, it makes it easier to continue to accumulate at any given time, I think the DCA method is used by more people to increase their bitcoin.

How low? That can't be answered directly due to the nature of the market. And even if we look at the chart in the past year before halving or even the current situation, it is not enough to tell what will exactly be going to happen in the coming days. But I do believe that it won't go that low below $25k if ever there are price corrections instead, I was thinking it move high due to increasing demand as the halving get closer. I was really optimistic that this year Bitcoin will be able to touch $35k.

As you have said, no one can provide a direct answer if the market will continue to be resilient to bear by maintaining the $30K and there's no guarantee that the current trend of the market will last till the halving effect market which means anything can happen. Therefore, the market can still go below $25K and may not dump below $27K

When you notice since this year 2023 you will see that theirs different between bitcoin of last years and bitcoin of this year and I believe that bitcoin of this year is something see that is have a good courage in market starting from early this year, the price of bitcoin is not measurable it can rise today and weak up tomorrow, I believe that bitcoin price can move up this month and more positivity shall come, let us not be afraid of how low we shall experience bitcoin price

Each year would really be having that different assumptions about its price and its behavior. We've seen that there are lots of happenings that we do have on this last Q2 of this year 2023 on where issues been raised

and now we are on that ETF craze and other correlated things which been driving out the price like a roller coaster. How low will we go for this year? No one knows and this is how it should be or its been like this since from the beginning because there's no way that we could be able to tell on where prices would go because we know that market is volatile and unpredictable and there are lots of factors on which it could really be able to affect the price movement.
This is why each persons strategy and analysis would really differ into each other.Some might be bearish and some might be bullish.This is why actions that had been made would really be
entirely be depending on their own choices and will in regarding on their Bitcoin investment. Everything would really be unpredictable and this is why we do end up on
speculative approach.

I believe the lowest price we will experience in this year 2023 is $30,000 which the price of Bitcoin has increased above the the amount, to show that bullish season is very close for both long term investors and short term investors to experience in the market. I don't think, the price we experienced last year 2022 when the price of Bitcoin was $17,000 to created more opportunities for investors to buy at the moment will still happen before the end of this year 2023, because the price of Bitcoin displayed some signs early this year by increasing high in the market. All you need to do in this season is to hold the one's you have bought last year very well because the price of Bitcoin will hit back to $40,000 before the end of this year 2023.

We just got back to $30k after a correction a few weeks ago, I don't think it will last long without another correction, as we know throughout this year Bitcoin price movements occur quite quickly between price increases and corrections although not significantly .
In my opinion, in 2023 there will be no significant movement, Bitcoin price movements tend to be stable and move not far at $ 30k.

That doesn't mean keeps bitcoin forever in a downturn and if you look at it this week it's much better, so the conclusion is to stay calm regardless of whether the market reacts negatively or not.

Sometimes we wait too long to take accumulated buys and miss the best opportunity to buy at a slightly lower price during the correction process. While the market continues to meet recovery points from the previous correction process and in the end we again miss the best opportunity to collect bitcoins at a certain moment.

If you're too worried about not being able to accumulate purchases at low prices, use the DCA strategy to collect bitcoins.

Although return from a bitcoin investment are never guaranteed, history has proven that returns are very possible. In fact, I firmly believe that it is always possible for bitcoin to surpass its high for a certain amount of time, for example after a halving. I thinks, some investors in the last year have received 100% return on their investment, especially if they had bought at the lowest price at that time.

I've noticed that bitcoin has a habit of scoring 3x higher every time it hits a new ATH. For example, when bitcoin minted ATH in 2017 it was priced at $20k, whereas in 2021 ATH is priced at $69k. So based on that, I think there's a chance $200k will be the new ATH after the 2024 halving. But either way, we never know what's going to happen.

The investment strategy really depends on the individual user, but I like the way MicroStrategy does it. They adopted a DCA strategy, which is good for the long term because when prices go up it's clear they're going to get huge returns.

I say it won't because I was thinking about halving which really has a huge impact on the market and expected that the price will pump and continue the bull season. But if we make this during after bull run, it was even the worse drop could possibly be going to experience. And based on the current market situation, it was more on the pumps than corrections which we could think positively about rather than declining sentiment even though we know it was unpredictable.

Yes, As like what you said at the end of the sentence, we never know what's going to happen next, we must have a management strategy to face the unwanted thing. when referring to the halving time, the chance Bitcoin price to $200k could happen, but there are many aspects that we must pay attention to before do the investment, like the war which happening today, or other economic aspects like rejected proposal ETF and increase interest rate US Bank. My point is we have to prepare also on the physiology aspect.

Yeah right although there is no guarantee whatsoever, I think I'm just on a firm grip that bitcoin will definitely make history again in the future, I'm sure for holders will believe about this they will have a decent return later of course to the highest level that will definitely happen after the halving and this has been widely predicted throughout social media or forums.

Will this halving bitcoin will print more than 3x? very curious about this event later, if the history of cycles like this then it is very likely that the price of ATH will definitely be more than 100K or 200K which you said is still very possible too, I know this is our scenario but bitcoin history always never disappoints.

It's interesting from PlanB's tweet, will this theory happen?
It's just a speculation but I really believe in this.

https://twitter.com/100trillionUSD/status/1675822934785511426

DCA is great but if you can't and it goes up, it is not wise to just not buy it neither. Think about it this way, you had 1000 dollars and bought at 20k, but now it is 30k and you have 1000 again, sure you should buy if it goes down but it is not ideal to just invest and wait for it to go down to invest again.

I personally would buy it again after a while, put some buy orders just in case and if it goes up then buy right before it goes up, somewhere like 31k, so that you could be happy with it. Otherwise you are going to stuck with the initial investment and will not follow it up further in the future. I believe buying even when it is going up is preferable compared to just sticking with the fiat and not buying anything until it drops again.

Lols. Did you purchase bitcoin with the intention of seeing its price rise without decreasing, ignorant to the fact that bitcoin is highly volatile and that any positive or negative news can have an immediate impact on its price?

Are you a long-term or short-term investor of bitcoin? Because a long-term bitcoin investors shouldn't be concerned about the current price of bitcoin until their desired price is realized. So, take it easy and think positively about bitcoin. Don't let the FUD or decline in bitcoin's price depress you emotionally. it will only last a short while before the whole ordeal is over.

Those are just a few examples of what I mean about people who are too concerned about not being able to put together cheap purchases and DCA is one way they can take advantage. But when it comes to people who already understand the condition of bitcoin, buying at any price is sure they have considered it well because basically the strategy can be different.

It depends on how deep a person is involved in investing and back again as I said before, that experience will bring someone to the stage of understanding the strategy of buying or selling it. Speaking of opportunities, we often see a decline in buying conditions, while DCA can also be used as a routine purchase, the method can be adjusted according to the steps you are doing. A special budget will also work during the decline process because we can take advantage of purchasing a slightly larger amount than usual.

Whether we are long-term or short-term investors but if we trust Bitcoin and believe that it has a bright future, the price really doesn't matter. But of course, it was also important to look at and consider the market situation before buying. We can't rid of the FUDs as it was a part of the crypto space but as I've said, once we have the trust there is no way to be afraid of it.

I can't say that 2023 can be bullish, yet it was still possible but as we observe the current situation, it is only a slim chance to get back low like last year.

It is unknown no one can pin point the exact price of btc from the start, no one knows how low it will go and no one knows how fast it will recover from dip.mostly btc is being affected buy some negative news that is why it drops beyond the limits, but if there are also a good news it will also recover very fast so i think we need to be more active on the different news.

Everyone really has to see and read news that is different in any case as long as the news is true. Because there is also news that is deliberately processed by several writers to make investors and traders panic so that they will release assets that they have held for a long time. Because not all of the negative news is true even though some are true, but we just need to make sure that it's true so that we ourselves don't panic because of the news.

Fundamentals or news arent really that something to be precise when it comes to handling out yourself on this very volatile and unpredictable market but since it would really be that so relevant on using up these things then you should really be mindful on applying it out on your over all analysis because you could really make out those kind of options on which one you would really be following. Speaking about future then it is something that
cant really be known or predicted but since there's lots of ways on which we can be able to see on what are those probabilities then lets just use it for our advantage but dont really be that too optimistic that it would be giving out those positive results. Lets just be having some recent news about price in crypto space.

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Crypto exchange FTX bailed on Taylor Swift partnership
https://www.nbcnews.com/now/video/crypto-exchange-ftx-bailed-on-taylor-swift-partnership-187065925987

So what would really be our approach for this? For sure having this kind of news would really be giving out that kind of
positivity that FTT and SOL would really be having that create on some sort of hype which it would really be your
common approach for such condition or situation.

Yes, you are correct, and there is no dispute about the market's bullish feeling, which keeps the price at $30,000. All this happens through the positive standpoint of some institutional investors and international platinum investment companies that want the Bitcoin ETF to be signed.

Do you think that people expected the price of Bitcoin to go as low as $16k when it touched $69k? I don't think so, and what that proves? It proves that Bitcoin or cryptocurrencies, in general, are unpredictable and highly volatile, so we can't really be sure if Bitcoin will drop back to $20k or below or not because anything is possible when it comes to cryptocurrencies. A couple of bad news circulating in the market can cause great damage to the price.

I don't want any of that to happen, of course, because I also want the price to go up just like everyone else, but what I said is a fact and we should always think factually and consider all the outcomes instead of thinking about one and ignoring the second, that way, we can always be ready for both situations.

That's true but some people expect different things so they can enter at a fairly low price, that's quite reasonable in my opinion.
The price of Bitcoin moves so fast and we can't predict it with certainty but there are some indications and factors that can be used as a reference for us to speculate, there's nothing wrong with everyone's speculation and it will all be different.
Personally I believe that for this year the price of Bitcoin will not fall below 20k again and most likely we will continue to be near 30k without any significant movement.

It's really hard to guess where the price will end up by the end of this year. But for me the key factor is the next halving, which is less than a year away. If the cycle is not broken, a new bull market will start soon. And it doesn't matter what the price will be in 2023. It's much more important what happens in 2024-2025.

Your analysis were making sense to me but when you mentioned 8k,I really thought it was a mistake, that maybe you wanted to say 18k. But when I read twice the 8k I understood it wasn't a mistake. I have to agree with you that if bitcoin breaks this resistance, we are going to the region of 40k but the otherwise is what I don't see happening 

There is already a support at 30k, there is a support around 25k and there's also a little support at 20k and a big support at the region of 15k. So, how did you analyze that all these supports would be broken to take bitcoin back to 8k? I tried to zoom the graph more to see where you were coming from but the picture was truncated.
When bitcoin was in the heart of the bear market, it didn't touch 8k, how much more now that green lights are seeing weeks and months. I think the 8k days of bitcoin has gone. Nobody can buy it that cheat anymore.

We can't be sure that bitcoin couldn't be 20k in a month, that much is definitely true. However, when it was about 4k in March of 2020, do you think people thought it would be 69k? I do not think that they did, I know a lot of people here and I can tell you only a few maximalist kept on trusting that it would be. What does that tell us? It also shows us that it could be 100k+ and we couldn't be really forgetting that going up is what bitcoin does on the long term.

If you keep thinking that a crash may come soon, and do not invest because of it, then you are going to end up with a bit of an upset overall and you shouldn't really do that, it would be a foolish move. It will go up, and you should invest accordingly to make a profit.

We are already more than half way of this year and so far everything is looking good for bitcoin. We've breach $30k and then maintain it and it beyond the support line for now.

So if this pattern continues then it could go up in the next 5 months, so at least $40k-$50k at the end of 2023.

Of course, we can't discount the fact that there could be some correction ahead, but for me, everything looks bullish.

June was not as bad as the previous month. Being used to the process of rising and falling prices makes us feel like normal.
Bad news and FUD will automatically disappear whenever it rises to the surface with positive news.

Don't rest just yet because it's time to keep collecting Bitcoins because the ship we are waiting for is almost at the port.
The developed FUD can be a positive momentum for those of us who want to increase the number of assets in our wallets that we will hold.

We do really keep on making in comparison in between prices in each month and on every year. Yes, history isnt assured to happen in the future but it do always rhymes in the past on what are the recent events.
This is why people cant really just stop on not to look back on what are those movements and progresses that we do have on every month that it is passing. For those who had been on this market
for years will really be having that kind of impression and trying out to make those comparisons and making use of the same possible strategy that they had done. We do already picture out
on what it would be looks like but due to unexpected news and fundamentals which it could make out that kind of stir up of the entire condition or situation.

https://www.talkimg.com/images/2023/07/14/ZJDG5.png

The values in these comparisons give an idea only. I do not act according to these values, because today's events and past years' events may not be the same. As we can see in the table, it does not give us very solid ideas. It may give a good idea for a cycle of only 4 years.

However, by looking at such tables, we can actually see what phases bitcoin has gone through. We can see the volatility of the price and the price can go down one month and go up another month. This chart can give an idea that the market is not stable and that the price is always in motion for the investor.

I will not use data from the table in the picture as a benchmark when I invest. Of course, because I always think that the price of bitcoin will never move the same every month. During the accumulation phase, DCA has helped me earn more bitcoin at a lower price, definitely a good accumulation strategy. There is no certainty at assets that fluctuate all the time, but if you are planning a long term investment then it is best to collect as much as you can.

Past events don't have to be the same in the future, so there are always risks to consider. But right now I think the best advice is to buy with DCA and hold it long term. I think each of us will get commensurate returns after the 2024 halving.

True, No one could indeed predict the future even if we do have those list and doing some charting about those gains and losses on every month on which it wont really be that enough for you to

to consider on relying with those numbers but its not that bad either on having those kind of study and analysis on how it did behave.Just like on what that chart or table that been illustrated above, its not really that meant for assuring on what are the things could happen basing up on some pattern but at least we've been aware on how it do randomly behave on each or in every money.
There's still few months left for this year and we cant really be able to tell on what would be the next movement that it would be having.

Just like on the recent market event that we did start to hit up 32k and then suddenly the price go back on where it was before which is on 30200 on having that ><1000 price movement
in shortest time as possible.

I think regardless of the situation and market conditions, in plain view this makes people bored and bored with just cooking the price there, and the increase is also not what people who are good at predicting the market say. But, the positive thing is that BTC still provides an opportunity for everyone to own this potential asset for 2023. Yes. adding to the number and no predictions have proven so accurate that 2023 will be this BTC and 2024 will be this way despite rumors that Blackrock's CEO describes cryptocurrencies as an "international asset" that will "go beyond one currency and currency evaluation." and the SEC has officially approved Blackrock's Bitcoin spot ETF application, as has Bitwise.

I also agree with your statement, there's no way we're going to $8,000 that'll be horrible to the market.and it'll be like we're experiencing the pandemic year again when Bitcoin fall to $4,000. I know anything is possible with the cryptocurency market but $8,000 is unlikely.

Bitcoin has been struggling to cross $31,000 for weeks and before it was $30,000 but Bitcoin finally cross that resistance and now it's struggling with the resistance at $31,000, I think Bitcoin will cross that as well before the months ends then we can be heading to $35,000.

For how low the market can go, I think we have seen how low the market can go this year. If we're to see any low before the year ends then it'll be below $30,000 but not below $25,000. $25,000 should be the least lowest amount the price of Bitcoin could trade/go in 2023.

Many of us are not new in the market anymore but we can't help to be assuming sometimes. They think Bitcoin is supposed to do something great this time because it's been a while since the last pump have happened.

FUD's can occur from time to time no matter what is the market condition, whether it is in bullish or bearish state. Having a break is not wrong but it is beneficial for one to relax and loosen the stress or tension that builds up over time. The moment he comes back he will now be stronger than ever. And we don't know maybe he already have tons of Bitcoin sitting on his wallet and is only waiting for the right moment to sell it?

Now that Bitcoin is starting to stabilize at $30K again, you can see how the market is going now that Bitcoin has started moving sideways to defend itself at a better price. I also think that next year the price of Bitcoin will be better than this year with a more significant rate of increase, but as for the rumor you are referring to I still haven't read it now even though it has been suggested that Bitcoin will become an international asset by surpassing currencies others in the future.

The market have been gaining good stability around $30k and now it need to cross price barriers. Crossing everything price barrier require good resistance and we can expect things to happen close to halving. Till that we will see the price on a fluctuating state where the growth happens to some extent and falls back. In between if some negative news rolls out, we'll see the price down to $25k. So, we can't be sure of the price movement. Already bitcoin is an international asset and surpassing traditional currencies value is simply hard.

If you have been in the crypto space for quite some time you must have graduated from such FUDs and should not be shaken by anyway, from the little experience I have had in this industry when it is an appropriate time for Bitcoin to start its crazy moves, people will be overwhelming with the performance and hardly remember this FUDs,  even Luna and FTX collapse will almost be forgotten.

Bitcoin has had a great performance since the beginning of the year and I believe and in my opinion, we will finish the year with a higher price than the current price maybe near $50k or even above the price.

I think 2023 is the year for recovery, if there is no scam case that creates a big panic in the market like what happened with FTX then I believe the bitcoin price in 2023 can reach at least $45k, maybe many say that $45k is still a low price but if we look at the situation since the last 2 years, it can be seen that the increase in bitcoin is very difficult to happen so if it can reach $ 45k then it will be a big achievement before the halving day.

Looking into how it has been so far I have to say that it is not going to be that much of a shock, I bet that it is going to be fine. I know that there are a lot of people who still do not know what they are going to do with the money they made so far and they may end up with making a loss and that should be the important case.

I feel like we should be considering the issue as something that would be a price shock to everyone. I know that people are not smart with their money, you can see this with how many people sell their coins when the price is going down, instead of buying more during that time. But at the end of the day, we are going to make some profit from it if we keep holding it and 2023 should not be any different than that.

As bitcoin's value plummeted he began thinking about moving money away from the cryptocurrency. They believe that this currency has given expected results in the portfolio recently cryptocurrencies have been on a roll this year so far many investors lost confidence in digital assets. They feel encouraged to invest again it is very important to be aware of the bearish cycle during the banking crisis, confidence in bitcoin increased among investors. Also bitcoin goes down every year not only until 2023 but will rise again this will have to wait patiently.

Consecutive crypto scam incident of major cryptocurrency affected the entire crypto market into a long bearish streak, by which price of bitcoin also reduce drastically. In 2023 it starts to recover gradually. But Bitcoin will not be able to return to its former ath position this year. It is believed that 50K may be reached but considering the up coming halving the market gradually will be increased, it can be said that Bitcoin will again move towards (ATH) bullish movement in 2024.

The bottom was probably at 15k and so far the first half of 2023 is a bitcoin price recovery. I think that a new or previous bottom will not happen this year. I don't know how high the price can rise, because for now bitcoin is in a sideways movement and we can see both rise and fall. But I am sure that the bottom has already happened. The close to the next halving adds confidence that good growth is ahead of us.

It seems that we cannot see the bottom price of bitcoin in 2023, because the current price of bitcoin is still at $ 30k and can still be considered bullish,
so if we wait for a dump, of course we have to wait for bad news, I don't know whether $ 16k is bottom bitcoin or no,
what is clear is that we have to prepare if the bitcoin price dumps in the rest of this year.

Actually the price of Bitcoin we are having now, i believe that price of bitcoins is moving well and it's appreciate beyond some investor imagination, but that should not make us to come in conclusion that Bitcoin price since it has started to kick off to some valuable amount that means it can't retrace, the market of Bitcoin can retrace but the problem is that many people just meet the small greed color of bitcoins in market and they will believe that Bitcoin price will continue to move up. So the market is unexpect.

For a long time there is no big news as that of the one we heard years back with the adoption of bitcoin from El Salvador. The market needs to be kept active with those kind of positive news coming from different parts of the world. During the same time period there were more institutional investors into the market. Further there is no big player entry. Such things happening around will boost the price and not exceeding $45k

Everything is possible in the cryptocurrency market but $8k is unlikely. Although bitcoin touched and exceeded $31k but it didn't last for long before it fell back to the $30k support and it is still in the region of 30k but very close to sliding to 29k.

I do not wish that the bitcoin price should slide below 30k because if it does, the next support is at $25k which would not be nice for the market because of so much SEC drama happening in the market.

I think. it's only temporary. Later back to normal too. all you need to do is keep buying and let the market take its course. true, sometimes these feelings come and make us a little uncomfortable in investing. there is a concern that the market will go down again. If in BTC 10%, the decrease is quite large. All you need to do is find another occupation. because I have also felt the way you feel. even if you want to go out of responsibility if you don't want to play short term. As low as it might be to 28K this week.

I also agree, 8k$ is not possible with bitcoin, that is a thing of the past. But I won't be upset if bitcoin drops below 30k, it might not be good for the market and many people don't like it, but for me, it's a good thing because we have more time to accumulate bitcoin. We always want to get the biggest profit, but why are we afraid every time the market goes down? Isn't that a great time to buy in? That sounds very illogical, but many people are thinking so.

Considering it is only 2% down for the week, we can easily say that it is not going to be that much different on the long run. I understand why people may think that it looks a bit different but the reality is that it is pretty much similar. I know that it is going to be hard deal, but we could still make it work.

This is why it is smarter to have a good return one way or another. I feel like it should be considered why we are doing something that is profitable on the long run so these smaller drops are not really that big of a deal. I hope that we can get over it soon enough, and we could do something that will benefit us all. Not saying that because I want a profit, just to make sure people are happy about it instead of like this.

True, seeing the market situation that had occurred since ATH in 2021 and big events had happened like Luna, FTX and others, but did not make prices drop below $ 8K, this made us have to be optimistic that market opportunities to recover this year could easily occur.