Bitcoin Forum

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

If I do see it at $35,000 I will take it. That's my buy point right now and while waiting I am trying to save as much money as I can.
You said it, we might not see it at a very low price and even at all the economic drops it still manages to stay at this value. More trust is coming and we can say this is the new world of cryptocurrencies where investors will purchase anything that is crypto related especially Bitcoin.
Don't expect 4 digits because that might not happen anymore.

It's my thought too unless another reason to cause panic comes again, but there are powerful organisations out there that can control this market, if they want in at the cheaper price they can bring up an issue that will crash the market heavily but anyways this present market looks like the bear market we are ever going to get.

yes you are right the lowest support point for bitcoin is at 35k, and it is impossible if bitcoin falls below that price. the past few weeks bitcoins have been dropping and have a look, none of them are anywhere near 35k. the price slowly rose after bitcoin dropped at 37k. this means the forces holding back bitcoin are enormous. so it's impossible for us to see bitcoin return to a 4 digit price.

worst range is $32k to $34k. I saw the price prediction the team from cointelegraph did, and I thought it made sense. So, for now, that's the worst range.
however, I actually hope that the price won't drop more than $35k for now. however, we must be prepared for the situation. if it reaches that range, maybe the opportunity to buy can be cheaper. however, I hope the price will return to above $42k soon.

If market down worst than I am not expecting that it will break the resistance of 28k. We have seen two times that Bitcoin dumped from 50k and then remain stable above 30k. Some YouTuber and twitter influencers says that it will down to 20k but I am not expecting this because demand below 32k is huge and we have seen many times that Bitcoin recovered from 30k very well.

This will really be a good price to buy bitcoin, especially for those who have sold their coins at high. But in any case, it is necessary to keep part of the stablecoins in your wallet in case the price of BTC drops to 30 thousand dollars, and possibly up to $ 25,000. In this case, you will have a good average purchase price of BTC.

Here I am hoping and praying that BTC goes down to like 28,000$ range so that I can buy some altcoins for a more cheaper price, if BTC stays at 35k for many months then bears won't have a home in this space this time around, I don't consider BTC at 35k a bear market, this is just me.

For me personally, bitcoin is a very promising coin. And all I can say is that bitcoin could drop to a very low price and many holders will lose their funds. And then I think that bitcoin will start to rise again after an indefinite time. This is the market, and the market is always unpredictable. So you just need to follow the market and analyze the situation. So in the future we will have a lot of interesting things from the entire crypto industry.

Still though, covid has helped mass adoption and may have also been one of the reasons why bitcoin was able to shoot up a lot in the last all time high. And right now, I do not think that it is stupid to assume that bitcoin can drop even lower. If you have been in this industry for quite a long time already, you will realize that every possibility must be considered because the volatility in this market in no joke. Regardless though, My buy orders are on 37600-37800K+. If it does go lower, back to the charts then and look up another buying opportunity for DCA. The lowest I expect though is 33k+, if it ever goes lower than that then we should start praying. ;D

33,000$ seems the last known support if the 37K support will be breach but that doesn’t Bitcoin can’t go lower than that because exchange is squeezing positions especially on the known support to liquidate and get money from it. Futures trading play an important part on how far will the price go since the whale will fight for there position just to protect there money. 29K to 30K is deepest price in my opinion.

But that could be the closest to its lowest.
$28k is an aftermath of a big panic and that range maybe 30-34k where investors will try to buy it for the cheap price. So, it may not go that low.
But who knows, Bitcoin's market is too volatile for an accurate prediction. It may or may not come true.
In a $30k range though, you will see more threads here about buying now or waiting for a cheaper price. IMO, that's the sign to buy it means a bull is coming.

my target is 35,000 but it could be deeper. but the worst case would not be lower than 30,000. currently bitcoin is still in a fairly safe area, and still continuing sideways there is no sign of falling further. I'm still not worried, after all this is normal in May last year we also experienced this. hopefully no negative news has an impact, this will be good for the beginning of the month.

If there are no big surprises like covid, or regulatory opposition, it looks like bitcoin will find it difficult to return to its lowest point. While many people regret not buying it when the price was cheap at the low point of the covid period and in 2018. However, those who expect it to be like a waste of time, it is better to look at other opportunities such as a new generation coin that has the same great potential as bitcoin or ethereum can at least hit ATH for the future.

I think its can touch 30k if go more dip but it will not it will touch 35k and then boom again and btc next stop in bull market can be expect at 85k-90k i think, but very soon it will also go over 100k but, if you told big dip i dont think it will come again in future there is no chance!!

Why blaming covid for the down trend of Bitcoin?
I would rather say it’s because of the Russian-Ukraine war.
Also seeing the current scenario, i don’t think Bitcoins will fall below 35k USD.
And if you also see past few weeks, Bitcoin is struggling in between 35k USD to 47k USD each week.
So it’s a clear signal that, when BTC is at 35k usd or close to it, but as much Bitcoins as possible, as at the end of the week, Bitcoins will surely give a profit.

Nothing had it caused panic by now that I think this correction may seem not going low below $20k.
I will believe the market gains a strong support level to stop the decline as these holders and investors will keep their Bitcoin and be able to help the market from drowning.

As the way people are buying Bitcoin during its correction or bear market, they are more likely to increase demand which could push the price going back to high again. That I could say this declining sentiment won't stay long, recovery may start a few days from now.

Lowest I can predict is $32,000 and there is a strong support in the $30k I think there is also a strong resistance in $42,000 as when the last time it hit that price it goes into reversal and goes directly to $38,000. We are not sure how low it can go this time around but considering the whole run of Bitcoin we are still on the bullish side.

I believe that the market has been on a downward trend since Nov 10 2021 if you check the chart and the Russian v Ukrain war started 24 Fed 2022. We could even say that after hitting the lowest price of about $33k around Jan. 24 2022 from the last ATH of $69k+ back in 2021, the market has even risen a bit in a wide time frame daily chart instead of the minute's chart, however, if something really goes out of place, we could see a $32kish BTC price again.

It seems less likely that a rapid decline like we saw in November of 2020 could happen It's impossible to say for certain, but I think it is unlikely that BTC will drop significantly in the next bear market right now many are waiting for BTC at a price of $35,000 and then $30,000.

Check your records very well because covid-19 was not reason bitcoin went low to $3,500 that you say. Bitcoin was on the lower low in 2020 in February. It low started 2 years backwards after halving the bear started and enter in the year 2020 already before covid-19.



I don't think we see someone to predict exactly what place price will get to. This morning it was down but now it getting into $40,000. The price is very unstable for accurate prediction to happen.

Going down to as low as $35k for me is possible. But if in case, it will go down to 30k, it means, something is going on with the market. But I have high hopes that it won't go down to $30k level. But no one can really tell the fate of btc market. If it will go down to that price, for those who are saying before that they are late in this market, then, maybe, it is your opportunity to buy btc at lower price. If you believe in btc, then you will surely collect some, because the increase is just around the corner.

After bitcoin corrected in 2021 until now, we have never seen bitcoin corrected to its lowest price before, this indicates that bitcoin's fatality is nothing to worry about in both the long and short term, the force that holds bitcoin is very large, so the correction does not make bitcoin go down until low point, I believe bitcoin will come out at this phase, and will react to high price achievement

As the volatility of the market remains, we could say that even reaching the deep at $20k is even possible. However, I'd never been that negative, yet I was still been optimistic about the situation, and it diverse the trend and goes back high again.
I could assume that everyone has been aware of the possible bearish situation and already prepared for the worse scenario. Indeed, we don't need to wait for Bitcoin to drop more as we even don't know, and taking it now seems to be the best time.

The lowest for 2020 was $4970 and that's still close to that price you've said. And it was really during the time when most countries were about to lockdown.
That's when the news about the start of the covid-19 pandemic has triggered the world and those that have thought it will continue to plummet missed the train. Honestly, I've thought that bitcoin won't recover for that entire year but just look how amazing it was when it has gone through all over the months until the end of that year.

Just think of any price because there's always the possibility that it can hit any floor price that it can like below $20k.

Do you know what could be the best reason why it could dropped so bad at that point? I can only expect three, which is the banning of crypto mining again, and the regulations pressed on Bitcoin, and the surfacing of the creator of BTC which he will sell all those coins he have in one massive dump. Do you think similar cases on a small scale would bring so much damage to it's price?

Bitcoin can reach the lowest price that we will never know because it will depend on market movements. But if the price drops drastically this time and hits a low, say $30k-$35k, it's a big moment for us to buy at that price even though we know the price could drop even lower. I guess it's not stupid to expect BTC to drop to a lower price range because that could be the case.

anything can happen in crypto. including the price of BTC which can drop by more than $3500.
but I think if that happens there will be a lot to lose. including altcoins with very good projects will be affected by the decline in btc prices.
it cannot be ruled out that the role of btc in crypto is very influential. except usdt which will be expensive if btc goes down.
I hope btc will continue to fly high above ATH in 2021

The experience of the ups and downs of Bitcoin has become an attraction in itself for investors and users, every four years there is a certain price change, it is proven from what has ever happened.

This time I believe Bitcoin will decline at the level of $20,000 or $15,000 that's confidence.

In this pattern with as low as $35k and I don't think bitcoin will ever go back to this area.  Greater resistance is proving bitcoin demand is driving representative value, bitcoin could drop below zone $30k but if end of April the market sustains at 38k resistance I am optimistic that  This market will recover at a higher level.

I think that a price close to 30k is probably the lowest that we are going to see bitcoin reach, my reasoning for this is simple, the bull run we experimented while impressive for any other market standards was in fact not as impressive as the ones we have seen in the past, so it makes sense the bear market is not going to be as intense as what we saw back then, and if to this we add that now we have stronger hands holding bitcoin and making their best to get their hands on even more bitcoin then I think that is the absolute bottom we will reach.

From my charts, there's a strong Support around the $29,000 region which I believe price should spike from there. That's if it eventually breaks $30,718 convincingly. Nonetheless, I don't see Bitcoin collapsing to that point it did from 2018 to 2020. My reason for this point of view is because I believe the pattern of investment in Bitcoin has changed drastically. This day, institutional investors have come in and I don't expect the so much panic we experienced when it was more of individual investors.

yeah im also thinking like that too especially for those who have been pumping the price of bitcoin. They were wasting their money if they are only making the price of bitcoin to be dumped again but im sure that if we will have another up low again for bitcoin. it looks so stupid to see that bitcoin keeps triggering more and more dump to the whole of market and bitcoin has no power against the trend in the stock market unlike a few years ago when bitcoin was still truly decentralized. This time so many institutional who owned bitcoin has been making the bitcoin like peg with the stock market.
This is always following the stock market. That looks so strange. TOo much conflict happened around us.

We can't assure that there is no more like the 2018-2020 bearish season but if these institutional investors and even small market players will save their Bitcoin and never dump it, it will regain back the momentum so easily. Once there is no huge selling demand but the buyer demand is growing, this will help to save the price from falling.

This 2nd quarter seems to have a negative view but never I think we reach the point of getting worse like in the last bear season. I just saw no panic response been happening that is why we could expect a market rally before this 2nd quarter ends.

not gonna go down below $30K it’s just already too famous and too popular to have that lower valuation considering the fact that maybe in the future twitter that elon has recently bought could integrate bitcoin in the system.
also if it go down below $30K mark there is so many people out there that gonna bags btc because its already depicted as the digital gold so I’m sure it couldn’t go lower than $30K.
even the recent bearish didn’t do much to the btc valuation and it could very well be a massive bullish coming in the future and it’s imminent.

I think the panic because the Corona virus has passed even Bitcoin can reach its latest ATH price peak 2 times in 2021. I think the Corona Virus has no effect on Bitcoin price movements anymore.
currently Bitcoin price tends to be stable and does not experience significant price movements, I think it will last a long time in the 35-40k price range and probably won't be lower than that price.

I think the current Bitcoin price will not go down from the 35k price. currently the price continues to improve slowly and with the movement that has occurred lately I believe Bitcoin will rebound again in the near future, although it will not reach its peak price like last year.

I mean, that's a major outbreak so it does makes sense it gives lot of impact in lot of aspects especially in cryptocurrency. But however, Bitcoin has been gaining recovery in span of several months which is quiet fast to be honest if we compared to crash in 2018. We don't know what is the lowest price at this moment, but low $30K could be a great start if you want to buy some once on dip.

i think, panic is inevitable for those who don't understand the true nature of the problem with bitcoin's fighting power.  My view is that bitcoins will not fall too deep below 20k, because USD cannot recover their value in response to inflation and other issues including profit/loss of the current economy.  .  When a super-reaction is consolidated, price action can reverse this scenario.

I don't think that the down price of BTC and the probability of BTC going down to $35k is because of the covid panic. We all know that the cryptocurrency market was rising up very significantly the moment back during the covid pandemic was still a very high the moment.
So, this may not be because of the reason.
However, the other FUD that is always spread currently really make the Bitcoin price drop that much and also influence the market to be crashed. Some FUD that is spread by the politics, countries, war, whales, and also other parties really made the market crahsed.

From the fact (as we can see) that there isn't any major selling pressure in the market shows that Bitcoin price won't hit the floor like it did in that period I quoted. It was a bloody hell. I don't think we can revisit such an experience. There is more awareness now than in 2018/2020 that whatever happens Bitcoin price will come up again. Besides, institutional investors don't plan or buy on a short term. They would've taken a long term view on Bitcoin and made their projections. So, whatever happens now to Bitcoin won't be a bother to them. They won't dump now and that gives a kind of stability to Bitcoin, and by extension the whole crypto industry.

Another year and another upper bottom. That doesn't make sense if bitcoin will be going to the 4 digits again and I'm sure that bitcoin is starting to go up again. I meant you must also see how market is trying to recover itself from the dip. No one even know how dip bitcoin will be going soon but as you can see that if bitcoin has a very big chance to recover again as fast as bitcoin dumped so hard.
So it's just the matter of time until everything will be very good soon and we will see bitcoin will be mooning again. I think that people know if crypto was about dump and pump.

It is pointless to predict the exact price where bitcoin can find the bottom, but I think the ideal place for a long-term purchase will be below $30,000. The sooner bitcoin finally falls in price to $20-$30 thousand, the sooner the recovery processes will begin. Such a low cost of the asset will force many to invest in the coin, which will drive the price up.

The best case scenario is for bitcoin to go as low it's previous high of $20k. But that is if the market really turns out bad just like in the pandemic. The market seems to be bouncing around the support line of $40k. But we all know that it can go lows of $30k. So for me the best buying opportunity its around $20k. But if you are thinking of investing right now, it's better to wait or just do DCA (Dollar Cost Average) strategy.

it's certainly good to buy bitcoins for future assets and buy some altcoins if the market is going down like this

The pandemic happened in the 2019-2021 years to have the maximum effect on the market, but this is the opportunity that one should seize, those who could not, should take this as a lesson and remind themselves to keep cash at hand to be able to quickly buy a stash of coins at discounted prices. Bear market will happen again because it is an endless cycle of bull and bear, the point is to keep patience till the next turnover occurs and not be in denial when it hits.

In the mean time we can only speculate as to what event might bring the price down. But I feel too much of discussion only leads to conspiracy theories and nothing fruitful. It is better to focus on consolidating assets and keep assets on both sides ready for trades when bear market or bull market moves in.

Between $30k to $35k is also my target to buy BTC if it does go even lower, and it is great if we do DCA (dollar-cost averaging). In my opinion, I don’t see BTC go lower than $30k as I kinda feel that there is a big support in that range.

it’s just me though, but we can’t just simply predict the market very well because anything could happen without warning like it can either break the support or resistance level.

Everyone panics, experienced or not in this market, we all do have certain points of our lives that we have to panic. Especially when we see the price of bitcoin is going down.

I have the same belief but still, this is a very volatile asset that could go low as much as we're not expecting. In that case, should you be wary of any possibility to happen? No surprises if the price goes low or high.

Yes, if you look at this moment, it is very good for new or old investors to consider entering the money market at this stage, the reason is because it is cheap. The question is Will the bookmaker be that good at giving retailers a chance to get a Bitcoin for $20,000?

no really, it's possible it could happen. remember the world economy is not doing well and many countries are trying to recover it. and this could have an impact on the crypto market as well. the situation in the past may repeat itself today. bitcoin broke its strongest support and fell to its deepest point. what is certain is that the current price is not the bottom point, there will be another fall that will occur in the near future. I say bitcoin under 30k is still possible in the current situation.

This is both right, but also a bit wrong in the sentiment. It is right because trying to figure out what bticoin will do is not an easy task, it will never be known exactly how much it will be in price, you can get close to it but getting the exact number of the peak would be very difficult, near impossible level.

However, you need to at least give it a shot and try to do that because that is how you make money, otherwise how would you profit from it? If you think it will be 55k but it becomes 57k, you will miss out on making some more profit but at least you made the direction and that is the important part. You can't know for sure exactly where it will stop, but you have to try in order to try.

Yes investor should to save money in any stablecoin, and I agree with you if Bitcoin drops to 25K-30K the long term average returns will be better. Although it's unlikely that 25K is a very cheap price when compared to last season's ATH, and besides many big investors will buy it first if it's under 30K it will quickly return to 35K.

It can possibly drop down to 30k$ and i think it will never go down below price, btc is maybe having a correction and i believe that it will rise again, elon musk buy twitter and i believe that there will be a good effect of this buying in the next few months elon has a positive sights on crypto so we can expect positive outcome of this move.

Seeing the market facts since the new ATH last November, I was optimistic that the lowest price of Bitcoin was around $ 30k, and in recent days it was proven that when prices were below $ 40K, there would be a transaction volume that increased dramatically and the price rose again.

I don't think the market in this period will bring anything positive. Basically, after what I've been through, it's time to be more deliberate and patient after the period when the market has been strong before. Perhaps many newbies are still stuck with losses in the fundamental mistakes of investing when they gradually lose their patience and it will start to gain momentum again. Although over time we can see it still going up, if you can't balance the risks that you can handle over a long period of time, it's not too strange that a lot of people are still losing money and it's hard to earn backIt is profitable. Whether it goes up or down sharply, the next time I feel very happy and try to buy more than I believe in, because BTC never disappoints us if we are patient enough.

Yes, if you look at the recent Bitcoin price movements are still unstable and tend to fall,
we don't need to panic and worry because the Bitcoin price will go up again,
even though we don't know when it will go up again and the most important thing is to be patient and wait

Bitcoin has been the leading of alt-coin in the cryptocurrency community, bitcoin price can reach $35,000 as a minimum price value and go back to 40k series, and i strongly believed that bitcoin is going to 100k sooner or later, while keep fluctuating at a range of 37k to 43k as the case may be.

You may call that as stupid thing but you are in the crypto when a coin from the top can be dumped into the bottom. Don't you even remember what happened with so many privacy coins? The privacy coins have been sitting at the top but with the goes of time and almost all of privacy coins were going to the bottom. So bitcoin can go lower than 35k but i think that this needs a huge pressure to make it happen. Bitcoin is quite stable at this moment and it seems like market was in the sideway. Will we see another recovery from the bitcoin? I hope that we will see that as soon as possible to prevent the possible dump to happen even deeper.

This is an important metric that is often disregarded but that is critical, people are always looking at the ATHs but if we take a look at the bottoms we see that the floor of bitcoin in keeps raising up, meaning that the longer we wait to buy our bitcoin then the more money we have to pay for it on average, so people should not be that worried about the future of bitcoin as it is obvious that it is going to be incredibly bright, especially since I think the economies of the world will have a very difficult time recovering from the pandemic.

BTC was not reached at the price of $3500 due to COVID 19, it was before COVID19 and at that time BTC was low due to the China ban and there was no major institution adopting the crypto, now we can expect if a bear market the BTC price can hit below the $30000 due to many institution adoptions of BTC and some counties adoption, so we cant expect the very low price of BTC like $3500.

I think that bitcoin holders under 20 thousand dollars will not sell, but there are very different developments in the world at the moment, so maybe this is not my guess. No matter what, I'm sure it will catch a missile in the next halving, but I'm sure. By the way, I'm still hopeful that bitcoin will make an ath again.

There will be that will sell.

Those panic sellers will regret that they haven't sold during the top and when they see the market drops that much, they'll panic and will sell at losses.

This is the reality which keeps on happening and many aren't prepared for that. However with bitcoin's strength, many don't think that it will not go under $20k but open to any possible price, it's just the belief that they have.

Based on the expert price prediction there is more chances of price touching $25k, and the same is getting reflected on the price of bitcoin. The decline have been taking place in a slow and stabilized manner. For now it has come down to $38k. This will soon reach down to $35k and try to retest $35k resistance. If successful, the slow growth happens if not it'll be down to $32500.

am looking at buying little at 34k, i will wait to see how price reacts there . then my next stop is 30k. thats where i will buy a good number. we should find our way up from that regions and if not , then be prepared to buy as cheap as you see it.

It's not so stupid as you said that to expect bitcoin to go to the bottom again. We have experienced that so many times bitcoin goes to the bottom when the big dump was ocuring. I don't even care about that as long as we can jump back later to the another all time high and so no one can know how long bitcoin will be going on but the only thing that im sure when you are seeing the bearish market like this time and this time is the best time to be used as accumulation mode.
BItcoin breaks 37k right now. I expect this to go to the 35k again. The stock market was also plunged so hard since last year and inflations are everywhere.
This has become serious problem for some countries.

definitely couldn’t go any lower than the treshold of $30K, honestly the current dip that we’ve all gone through could recover back in no time, there are still many trump card that the market could still use like once there is some good rumour like elon accepting btc and maybe some memecoins into the platform that he recently just bought that is twitter.
other than that we could be well already at the end stage of the current bearish market, because of that the current dips doesn’t mean much if we gonna get another bullish market in no time, of course that’s just purely a speculation, regardless though $30K and lower is kinda impossible.

If you are waiting for the right price to buy at $30 thousand then you have to wait again maybe next month but it's still a long time if in my opinion just waiting at $35 thousand is right too.
Because until now the price of bitcoin is still priced at $ 37 thousand.

If its going to dip low again then somebody with deep pockets will start buying up BTC, its better to get some than just keeping the stablecoin while the price bounces. The price dipping below $30K would be a great opportunity than just $35K though. If they could just make it $20K, we might just seeing a huge bounce after it to trigger a bullrun without the halving.

In crypto anything even bitcoin can go to the dip or even zero price when it has no demand anymore but this is quite impossible to happen. Bitcoin is getting dumped again and again but this time it's quite stable compared with last months when bitcoin dumped to the 32k and people are feeling panic and sold their assets at the bottom. I think that bitcoin is trying to discover the new bottom.
Once bitcoin did it and we will see another big run again like last month when bitcoin was going to the moon.
I just hope that bearish cycle will come to the end very soon. I just wanna see market to be green again.

I think Bitcoin has bottomed. There just aren't enough sellers to push BTC back down below 35k again. The cat is out of the bag and everyone knows at this point that digital assets are the future. That's why banks and governments are doing their best to slow things down, so they can buy more before you do. They want you buying their bags for a higher price. The best thing that you can do now is accumulate as many L1 cryptos as possible, like ICP and IOTA. These will be the building blocks of the next financial system.

My only hope is that btc will not fall deeper than $30k, if that happens what we experienced in 2018
will repeat itself even more badly due to the sharp decline. Everyone predicts that bitcoin will stay strong above $30k,
if this breaks I believe saving assets by keeping everything in USDT is a good choice because it will be a very long bear season.

While it's impossible to predict when the bitcoin selloff will cease, it's most likely merely a temporary problem. When it comes to a halt, bitcoin may spend some time hovering around the price it reaches. According to some estimates, the token may be worth $46,000 per token. Let's speak about bitcoin's future growth since once this selloff phase is done, there's a strong possibility it'll happen. Experts feel that the cryptocurrency market is still in a bull market, therefore traders should expect a profit.

Bitcoin rose to a new all-time high of almost $64,900 the previous time it fell like this. According to CoinDesk, when BTC rises again, it's possible that it will return to those levels.

There are also concerns that BTC must return to $60,000 or risk losing its momentum signals, which may cause it to suffer for months. If that happens, bitcoin may take a long time to recover the ground it has lost during this selloff.

Ref. https://investorplace.com/2021/04/bitcoin-selloff-how-low-will-bitcoin-go-when-will-btc-go-back-up/?msclkid=84c40867cbbc11ecaa16cc3f0e5e3bf5

My prediction is that the Bitcoin price can still stay at a price of more than $30000,
because there are many institutions that already hold Bitcoin and buy Bitcoin at a price of more than $30000,
of course this is progress for the cryptocurrency industry,
because with the existence of institutions the price of Bitcoin is not what it was 5 years ago like the bubble.

there are times because of information issues that make people give up their assets, if people believe in ridiculous news, then people get big losses, the role of BTC greatly affects the value of every other coin, BTC will stay at the level of the best price in crypto class, when one expects BTC fall, it will be disastrous for Altcoin holders, did they think about it.

Yeah people just didn't wanna try to do some analyzations to the market and they are keep using ATH as a way to know how high the price of bitcoin this time is.
Remember when we are still at 2021 people are yelling and FOMO were happening everywhere when bitcoin was touching 38k but this time crypto index and greet chart says that we are at the extreme fear.
People called this as a big bearish trend. what a non sense thing for them. they are only wanna seeing new and new ATH

Bitcoin is never expected to go below $20k. Everyone is now an investor in Bitcoin. Everyone has started investing in Bitcoin now The market is likely to go up but the chances of coming down are very low.In 2020 maybe because of COVID-19 the maximum came down.And for those who have invested, this is the biggest surprise to buy.Bitcoin's popularity has grown and continues to grow around the world.

I'm sure few people were able to buy bitcoins at the March fall because of the covid. The fact is that there was panic at the time and many were sure that the fall would continue. Most likely the whales, institutionalists and those who had insider information bought at those prices.

I don't believe bitcoin can ever get back to values like 3500 and below. Most likely the bottom will be somewhere around $24-$30,000.

P.S. This thread is for a different section, this is where altcoins are discussed.

This is a useless point, a massive sell of has happened many times in the past due to panic or other thing, yet when the time was right sellers started buying again, crypto is highly volatile and this is why people are even investing, the lower it goes the better, holders will hold and some will even buy more.

I guess the price of bitcoin will not lower more than $30k before it will increase higher for traders to start earning income from the market. Despite the price of bitcoin just dropped down to $35k few hours ago does not mean it will continue to drop down more  because the price is about to hit back $50k before the end of this month to stop traders not to panic than to be more focus on crypto market.

If you believe various rumors, then BTC should not fall much, but should start going up very soon. It’s hard to believe this, since the situation in the world is very tense, which means that the situation on the market, and even more so on the crypto market, can be unpredictable. As for me, everything will depend on the situation in the stock market, if this market collapses, then there is a high probability that the price of BTC will also go down. But again, no one knows 100% exactly how it will be, except perhaps for the big players who manipulate the markets to generate income. In our case, it remains only to closely monitor the ongoing events and respond in time to changes in the price of BTC.

I do not think we are going to need to worry about that, it is true that during a very short period of time the price went below that level but the price was immediately defended by the whales and other retail traders, so while the bears are without a doubt going to try to make the price go down to those levels again I think that even if they were successful they simply do not have the strength to maintain the price there for a long period of time.

I think BTC hit your buy point now. You can take the advantage now.

But I think BTC will go down further and it will reach below $30,000. This may sound ridiculous to many but it is my prediction. Let's see what happens in the next few weeks.

That is the difference this time around. There are way too many wealthy people and companies and even nations involved with bitcoin this time. Which means that it can't go down that low, those super rich ones will end up buying as much as they could and that will result with price going back up. Imagine Elon Musk, all those rich companies/hedge funds, El Salvador, panama, central Africa, all of them all get together and buy it when it reaches 30k, wouldn't that make it 40k+ in a single day? It would make it 60k+ to be fair if they wanted to, but to make it more realistic just imagine 40k. This means there won't be too much going down for bitcoin again.

The decline will not reach a deep price level for the most part, but it could reach 30K$ and a little lower, I rule out that the decline will continue more than that for the time being at least, the positive indicators are now more than the negative, so I expect that the decline will not last long and I expect the rise to start in Very soon and the continuation of the rise until the end of the current year.

Once the price drops below 30k, I think the market will continue to fall deeply and we will see a long 2018 bear season repeat. when the market drops to 30k I guess the market will panic and sell off to preserve investors' assets is inevitable.

We all hope bitcoin will not fall deeper than 35k or else bad things will happen to the market, we will enter a prolonged downtrend and the market recovery will take years to recover.

From the look of things, there is a high probability that Bitcoin would sink to $30,000 or even lower by this fall. It looks that way from both the point of technical analysis and the ongoing global economic and geopolitical turmoils that are unlikely to cease in the near future.

From the point of TA, Bitcoin seems to have failed to establish a foothold above $40,000, and the momentum is obviously on the bearish side - check out both MACD and Stochastic. The selling pressure right now is just too strong for any rally, and it could stay this way for at least a few months.
And when it comes to fundamentals, they also aren't on BTC's side. Simply put, retail investors won't be buying a risky asset on the verge of WWIII and possibly of global food shortage, accompanied by soaring fuel prices. All in all, the world is too turbulent right now and BTC is too volatile, hence risky, for the rally to occur. It could have been the case if Russians actively used crypto as a means to evade sanctions but apparently, that loophole has been closed.  

hopefully if we dont break 30k zone, price should bounce from there because its more psychological. what if we break the zone, it might be a free fall till the 10k zone. all these are just mere predictions.

Holders will not be so good to see that happens. Even when you are saying like that and the holders will feel disappointed caused by their decision to not sell their tokens to the market, so many people are feeling depressed during the bearish trend like this, this needs a very long time to recover the price of token. that's why saying like that was easy for you but not for the holders. if you have experienced huge lose from your unrealized profit and you will always regret it.

I think there will be another retest at 40k and if it was a successful and the price goes above 40k then we can expect it to reach up to 50k it is surprising that in just a matter of month from its 60k peak it is now below 38k the Bitcoin and cryptocurrency really are volatiles.

Anyone can make predictions as long as it's logical because each prediction already has data and resistance levels to BTC in particular so going to the price of $10K I think it's less likely to happen because it doesn't just talk about a possibility, but also about how much Many people still believe in BTC at this time

I think the worst value in 2022 is that the value of btc is only around 35k$, but if it's below that it's difficult for btc to go up to 50-60k later, just my prediction sorry if I'm wrong

you are right, however this has always been a game by the whales, whichever whale is the biggest one is the market leader that others will follow. There are wise people who really take advantage of this moment in the bear market, they call it the ping pong strategy, some people who are still beginners here can only surrender to see their assets are minus, but they are still given the opportunity to see the next bull market they will make a profit.

we are strong support now and hopefully it would not break anymore or bitcoin will goes to 28k. We have good news regarding adoption in several.countries recently , it should be trigger for upside movement later.


selling pressure still looks strong now , and now sign it will decrease. We need trigger especially about war that will stop to drive huge demand in market.

Big whales play an important role in market conditions as they can crack large open order pools with one click buy or sell, but bear markets will be lucky for everyone as all prices dip thus opening up great opportunities for top coin investments in the long term.

Bitcoin have drop to $35,000 and still waiting can back reach higher price later or will make new support price maybe under $30,000 or become moment for bitcoin will back above $50,000. Nothing have correct predicting what will happen with bitcoin have chance for drop and have another chance for bitcoin back to the top price. Maybe I want see next week bitcoin can back to higher price, more impact when bitcoin drop under $35,000 with many altcoin chance drop drastically and not any potential can reach higher price.

If you have been through this, you will feel everything is normal and can also be magical. I have also invested in both BTC and ETH in 2020, but that's the investment story then the problem before that is already there and I also don't think it will fail and also feel some momentum in financial investment markets for the time being and that's pretty much the approach. In addition, it is also necessary to re-balance between current life and financial investments to seek profit, I am not a rich person, but I see that it is a period that is almost financial leverage. main to make a profit.
At the moment, it feels completely different when I need to have more work to do in my outside life, so using money to participate in financial markets also needs to be tightened and calculated. maths. Personally, I completely believe in the applicability of this field in life. However, the potential does not mean that everyone can always make good profits with it.

Both sides are possible. It can be going down because of the dump induced panic selling or it can go up because of the bulls taking over. Usually the first one occurs faster before the second one comes in to correct it midway, so expect a dump back to 33k at which point bullish trend starts again. All this is from my own experience but dont use this as financial advise.

These are the more volatile times but the average yearly volatility remains between 10-15%. These are also the points where you can make a lot of money if you are knowing how to catch the buying drop and sell the rising wave.

I would not use the term "worst" - but maybe "lowest" - because there is nothing bad about a price, it is just a number; an opportunity which you can seize. Like I would like a four digit price, so I could buy more, but someone else might not like that at all. ;D

Every side is possible in the crypto market like a coin up or down. Do you know btc bear market start on 2017 even now $36k something. Although you should check deep market for buying btc but not possible now $3k. Otherwise we can see surprised like $50k $60k in the future. My guess is that you can't catch the cheap price of btc very soon and wait for a bear again.

This time Bitcoin may go 300k but it will take time . Btc will not rocket to 4x or 10x from here like a memecoin and then As a result Rugpull. Btc Dominance is 41% which will take more time to reach high. Market is that time not good but it's part of crypto and we may seen big blow in next year

That's true and we can see for ourselves that market conditions are really not supportive,
but even so we don't need to worry and stay calm because this is a cycle of crypto,
I hope that market conditions will improve soon

The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.

have reached under $34,000 for bitcoin price drop and right now keep stable on $34,700 still do not know have been on support price or bitcoin will make new drop price again. I worry will have bad moment on  Mei because last 2021 of Mei have terrible with bitcoin price drop drastically. Maybe still have way for bitcoin will reach higher price although many issues talk about bitcoin will drop until $28,000 but I hope have chance for bitcoin can reach higher price again and $34,500 as really support price and give time for bitcoin reaching until $50,000.

Yeah in your dream. Bitcoin has not even touched 70k as ATH and this time are you imagining if bitcoin can reach 300k? Are you drunk? I think that with this condition and bitcoin will not ever meed 300k. that may be happen in your dream but not for the reality. if you meant about 30k and this is a sense thing if the price of bitcoin can go to the bottom but not with the going to the even higher than 100k. You need to recorrecting your prediction again, it sounds crazy prediction.

There will be more sell off, market analysts said they expect 27,000$ per BTC days ago now it's 23,000$ meaning that the bearish sign is bigger and clearer, if bitcoin can made it to 67,000$ it can easily retrace and do a bigger correction as well, in crypto space never say never.

The current market conditions are very supportive to make some purchases on the very good coins in the market because if you can be very sure of the market improvement in this year then in terms of buying good tokens and coins you should also be more confident because it will be an advantage for each individual.

After the Fed expectations, it was actually obvious that the market would react like this. Where the bottom will be, my guess is that there may be a return to 28-29k usd, and I guess it can rise sharply from there. If the Fed tightens its tight money policy a little more, we can come to the end of everything, of course, for now, until the next halving.

The lowest decline in bitcoin that will occur at a time when the bear market as it is currently only occurs at the price of $ 32k and I believe this is the lowest value that will fall this year and later the value will definitely increase to the highest value as it has happened in the past year, and we must be ready in the face of the current market and the capital we have at this time is very suitable for us to invest so that later the big profits We'll get it.

no one knows what will happen next. Logically with the price of bitcoin being so high, it's impossible to fall below $20k, but I think with the many surprises we've experienced while playing cryptocurrency it's not impossible. Bitcoins can grow very fast in a year they may be able to fall sharply in a few months. Rather than regretting bitcoin's fast movement, it's better to get good momentum under all circumstances.

The last time there was a drastic $32k market drop on news of the Russia vs Ukraine war, but only 1 day later the market returned to a drastic recovery. But is it possible that the impact of the Fed will not be able to break the recovery that will occur in the future. According to him, any news that is aimed at bringing down Bitcoin will not work but it is only the effect of ordinary market turmoil, because the big whale is playing its role behind the market to cause investor panic.

Looks like predictions for that price range are too much and even if we get there. In the end, the market seems to be recovering from its recent fall, and prices are relatively stable in other words, BTC seems determined to rise from the ashes again. Can't know for sure how low the BTC price will go down in the future, but I still don't expect it to drop back below $20,000 or $15,000 again. but anything under $30k is sure to come as a surprise if that happens over the next year.

Btc is now trading at 34400$ and it can dump till the next 30000$ support. And now market trend is bearish.

Well, I've seen many technical analysis articles, some talk about capitulation, but the most bearish analysis I saw was that of BTC reaching $32k, from there it may come, but looking at the chart I don't think there will be a bearish movement, because I understand that every time the mass thinks that a movement will occur, the opposite happens, I think that despite all forecasts, the BTC can rise much more.

Some think that the bearish movement is a fact, but based on everything that is being generated, it would be a matter of being cautious, I would not sell for the world.

Trends can change with time and they will definitely. Therefore preparing for the next is what becomes important instead of thinking the reason behind the dump. Prices will probably go up beyond the 30k mark but keep in mind that majority of stock and fiat markets are also down at this point. So be wary of what you can buy and salvage from this dump.

Don't focus only on Bitcoin but look into non-crypto sectors and buy them too. But don't go into altcoins. They are not worth the time and money you have.

“We don’t know the future, but we think odds are we’re close to the bottom and don’t want in Bitcoin, after climbing steadily since early September, has suddenly leaped higher—jumping toward its all-time highs of around $20,000 per bitcoin set in late 2017.

The bitcoin price is up around 10% over the last three days, soaring toward $18,000 even as the recent equity market rally stalls.

However, some have warned a bitcoin price correction might be just around the corner—with one bitcoin price analytics company predicting bitcoin could soon fall back to just $14,000.

I think now Bitcoin will break through the support at $30,000 and it's not impossible that it will continue to decline but that doesn't mean Bitcoin won't be able to recover. What is happening to the crypto market at the moment can be said that the market is currently entering winter and my advice is to hold it for a long time until the market returns to spring.

We can't avoid things to happen there are influenced that will pull the price down and it will be followed by fears and weak handed holders.

Though experienced traders will just let it pass or if they have enough spare to reinvest, they will collect and pick those cheap coins to add from

the assets that they already have. Knowing that the recovering stage will follow even if the process will take longer time, adding enough patience

and trusting your own assessment will let you gain from this kind of volatility.

one more leg down and we will see new all time high soon, whales still want accumulate their bitcoin amount by buying and re sell their stock. maybe all them waiting level around 20K before bounce hard. in few days ago bitcoin still move with limited range, break from this range we will know the market direction.

I rememberd previous low was almost 27k and this bear market we have already seen below 25k on 11 may. Some analysers says that Bitcoin can low to 20k and even 15k but it's will take time and will depend on News . If any bad news happen than offcourse we can see 20k otherwise it will recover from here.

I don't think anyone knows for sure what the lowest BTC price will be but if you look at the current market situation, BTC will generally fall below 30k and above 20k, and I think this is a whale's opportunity to collect as much BTC  possible and just waiting for the BTC price to explode again like year 2018.

Altcoins have always attracted me because they can give a big profit, multiply my deposit faster, but in most cases everything led to the fact that, I either froze my money for a long time, or did not get the expected result. The Altcoins have taken my nerves very well, it's really true. Now there are very few of them in my portfolio, much less than before.

Back then it was way lower than that to be honest like Bitcoin was supposed to be just around 7-10k , but there was that crash that happened back in the days around 2018 or 2019 maybe as I cannot truly recall it, but people were like panicking over and over during those times.
This is just another test for strong holders ngl.

There is a $20,000 option as a remote possibility. But Bitcoin is a valuable investment in the long run. Every price drop can be seen as a buying opportunity. Therefore, gradual buying would be the best option. I continue to buy from all levels. Because I have full confidence in the future of Bitcoin.

On my opinion, BTC cant lower more then 30k +-. It seems that this is a psychological mark that will be difficult for us to step over.
Im know a lot of ppl who wanna buy it lower then 30k, 20k-10k ;D ;D did u hear it?? Rly they wanna buy it for pennies, but their words end after btc reaches that price, he always wanna lower and lower, in conclusion they never buy

Well, an 80% drop is something "normal" for Bitcoin! It's what's happened after every halving, and we are still not close to that point after the last all-time high! I understand those people who are aiming at a $10k-$20k buying point, I think we are going in that direction!
I think history will repeat itself again, it's never a straight line to the bottom, occasional ups and downs happen all the time... I just expect a rough period! I know many things are different than before, but Bitcoin has its own cycle, and I think we will see BTC doing the same swing as before!

That's right

Thats true, but all cycle break sooner or later, we dont know when, but as u can see, earning a small % of ppl.
Im agree with u, but if he drop for 10k, lets think how many ppl will buy it on 30k,20k etc, and they will be panic after it drop to 10k, a lot of them will sell all their btc. So lets wait some time and see what will heppen next?

Well said. I also think that Bitcoin will not break its ATH of 2017 which was around 20K. The Bitcoin market is currently down because of interest rate increase announced by FED and more increase is expected in coming months which will be very bearish for stocks and crypto markets. The 2nd reason is fat crash of LUNA which has massively damaged investors confidence but since yesterday Bitcoin is trading above 30K and if it stays above 30K for new days more then we can expect a rally towards 37K.

The predictions I've seen in some of their short videos are that bitcoin could bottom out at $20k, but strong support is still there at $29k and that's not easy to break. Unless there's some bad news in the future about cryptocurrencies fueling the bitcoin price there's a possibility it will return to $20k , and I believe it's very strong there to hold out until other coins enter the green market.

The market hasn't recovered from the panic from last week's crash so there will be another drop which may not be too drastic, but I also agree that $20k is strong support for the correction low as the market has lost almost 80% of ATH before turning back to bullish.

There is no answer to your question the price of btc no one can guess if the price of btc can be guessed then at this time there must be people who buy btc in large quantities if the price of btc will go up as well as those who guess the price of btc will go down now will definitely sell assets their btc because they know the price of btc will go down but is there anything like I said of course the answer is no but they just assume it's like predicting it's not necessarily true.

I thought that a 4k BTC was the bottom last time.  I think 25-30k BTC is the bottom this time.  While we've seen it more than twice, the time that has passed has me in agreement with you.  There are other indicators that are showing a similar pattern from March 2020 that says this could very well be the bottom, and within the next year or 2 we will be in price discovery and the "new" bottom might be 100k BTC.  I know 100k BTC is crazy, but it could be lower and a flippening is coming.

As of this writing, bitcoin is already $29,220 and i think there's more possibilities that it will go lower in the next days. The cheaper the price, the most likely we have to buy more bitcoin because no matter how low it dips, it will always recover again. And when it recovers, the whole crypto market will start to stabilize again. If we can hold bitcoin for a longer time, the higher the value it will reach, the bigger the profits we will achieve.

3.5k was still surprisingly high to some and why will they prioritize buying btc that time? People panic because they are more concerned about their health though there are people that have been given a cash relief by their government and the use this money to invest in bitcoin. 3.5k for btc is too low already and like you I also don't believe that it will happen.

The situation on covid have recovered greatly and people are now slowly returning to their jobs. No need for them to sell their btc but they can now hodl it and can now be able to buy more. For this year price is dumping and the lowest recorded so far is I think 26k but some says that it can go as low as 21k.

Although there is still a possibility that the Bitcoin price will fall again below the $29k or $27k level but in my opinion it is the lowest price for Bitcoin for the next few months because if we look at the charts during the decline Bitcoin has tried several times to stay at the $30k level but it can only last a short time in that area, so the current decline is certainly one of the right momentum for us if we intend to invest in bitcoin for the long term.

Bitcoin's drop this time started to worry me too, and I was surprised. Not only bitcoin, but almost every coin has experienced huge drops. but the only thing that gives me hope for bitcoin's decline is that it has the potential to set a new record when it rises again.

Bitcoin price is currently $29,500 more there is only a slight up and down movement but eventually tends to fall, we can't predict how deep the bitcoin price will go down.
and I think buying every drop is a good way to than expecting the bottom to be unknown when it will hit, and maybe below $30,000 is a good time to buy it as long as the downside continues then hold it for the long haul.
because the increase in the price of bitcoin will definitely happen and it's only a matter of time and also have to have strong patience to wait for it.
and taking advantage of the drop in every drop is the best way to enjoy huge profits in the future. And in my opinion and although dubious the lowest bitcoin price, probably around 28,000, so $30,000 below is a good time to buy it.

Covid which became big news only made bitcoin go down not too deep, I feel like even if there is bad news that threatens bitcoin it is still not that easy to tear it down. Nowadays bitcoin is almost known to everyone, even without many people knowing some big people I'm sure have started buying the coins they like without us knowing and of course they also have bitcoins to hold.

we have market participants from institution now , and they will be backer when bitcoin price drop alot.so far only covid and china banning that effective shaking market, war between rusian and ukranian not enough to push bitcoin unders $20k. more adoption and legal tender in several countries increase demand from retail investors.

Those two reasons, fed and luna caused bitcoin to drop a lot, actually it dropped the whole crypto market down and I understand that. However, we need to get over it and move on otherwise it will be a terrible future waiting for us, well at least near future until the end of the year. We do not need great news to recover, we could just recover as it is without having any problems at all.

So, if fed and luna made us go down, then we could go back up all by ourselves as well. I know it's going to be a bit of a challenge, but it is also not impossible neither. We are already above 30k again, if we can take that to 40k levels then we are going to be just fine.

My price target is around $20k. But then it’ll shoot back up. Markets recover much quicker nowadays

Last lower price drop from bitcoin on $28,000 but right now success reach back to $30,000. Agree with you nothing can stop and make bitcoin drop under $20,000 except bad news from China and usually have bad reputation country make bitcoin drop like United State. I think next month on June have many good news and make bitcoin back to higher price or make new all time high after last year success touch with higher price.

A good thing that happen to this market, those big players are here to support and collect those cheap coins

they are going to buy more and hold till the market gives them decent amount of profits.


Not at all, those two events that cause some fud are just temporal afterwards the market pump high and bring more interest.


More interest and adoption means more money to flow and more increase to value of crypto.

I have been reading some articles where your analysts think that the lowest value that BTC can fall is $10k and that is a very likely price to happen, however I don't think I can get there, for me the lowest price that can fall and that with the maximum fear that investors can develop is $19k, taking into account that the market is very unpredictable but that this can happen, obviously it can be a whole set up of putting out very bad news so that people get scared and sell very cheap, some use these strategies to buy cheap, but do not forget that many institutions have bought expensive BTC and will not give away their BTC.

$20,000 was not a dream. As a possibility, these levels were among the alternative scenarios. Today, Bitcoin is very close to $20,000 and those who were waiting for the right price were right. That's why I love this market. Those who calculate the least likely scenarios win. Because the market is constantly hitting the investors from the opposite corner. If I don't get hit from the opposite corner, I hope we don't see a price below $18-20k.

Looks like 20k will not be a big shock to anyone, we are getting there very shortly. I hope that it gets better, its going to be quite tough for us to get there, but its not going to be impossible neither. We are at a stage where half of the market things it is amazing price to buy right now, and they are buying which should make it go up, but the other half thinks that it went so low, there is no reason why it would stop going down, so they are selling and sometimes one side wins and another time the other side wins. I am assuming its going to be buyers at some point, going to take a while, but until then, we are going to keep on falling.

as some of market analyst said it could go sub $20k following the past cycle of bitcoin where it could go down like more than 85% of ATH and then recovers back reaching the new ATH,
I doubt it could go as low as below 10k because considering so many people gonna bags at that value.
But the thing is, how long the bearish gonna lasts, and does some of altcoins just gonna get doomed once btc reaches sub 20k because even at this current valuation btc has quite literally destroyed so many altcoins making it down literally more than 95% like some of the shitcoins and this could be either a great news or a bad news.

I see btc going down to 18k$ while ETH will be 700$... This is just the starting of the dip. Everyone should buy dip now.

today we saw that the analysis of the experts that bitcoin can reach $21k and it has been done. and now the support is broken again, the downside is likely to continue.
as stated in the news from this cointelegraph source, $btc has the potential to drop to $13k. Sourch (https://cointelegraph.com/news/bitcoin-has-support-at-23k-but-analysts-warn-of-a-dire-drop-to-8k-as-global-debt-unwinds?utm_source=Telegram&utm_medium=social)

Although I admit that I am quite disappointed with Bitcoin's current decline, because I did not expect Bitcoin to drop so quickly to a price of $21k.
Even in the near future it is very likely that Bitcoin will touch the price of $ 20k, but I'm one of those people who won't panic if Bitcoin actually drops
to $20k, because I've seen Bitcoin drop very deep and in the end Bitcoin always recovers. Although I also don't know how much Bitcoin price will drop
this year, I certainly still hope Bitcoin doesn't drop below $20k. Because if Bitcoin drops below $20k, there will be panic for investors who are new
to the crypto world.

My advice we don't worry too much about the current Bitcoin price drop, because I believe that no matter how deep the Bitcoin price goes down
it will always be able to recover again. We just need to believe in the future of Bitcoin and hold Bitcoin until the price of Bitcoin goes up again.
It would be better if we now have extra money, and immediately buy more Bitcoin. As more and more people buy Bitcoin, it will make the Bitcoin
price recover faster.

Contrary to some optimistic forecasts, now we see that the price of bitcoin has dropped to the current $22,427 and it is possible that it will continue to fall further. The $35,000 threshold has long been broken. There have even been predictions that soon we will be able to see the price of Bitcoin at $13,000. Earlier, after the price of bitcoin rose above $60,000, there was an opinion that bitcoin could no longer fall in price below $20,000. It seems that we now have a chance to test this theory.

Shit coins will reveal itself during this bad season. Most will be left by the team behind and communities' frustrations will doom everything.

It's still best to monitor and observe before you do any investment movements. The market is for those who are willing to take the risk. It's

either to scalp doing a short-term trade or a buy now and hold for a longer time. Not easy for every investor who thinks that they can quickly

gain profits inside crypto, most likely they will be leading their investment in losing a big part of their money.

Based on a post made a few months ago or more precisely April. At that time btc was between $38k - $40k and now btc has reached $22k or has decreased about 40%. Of course no one would have thought that bitcoin would experience a correction to this deep. My 40% drop is a pretty deep drop for tens of thousands of usd worth of coins. And news about covid has started to decline, whether bitcoin will survive or experience a deep decline as the economy recovers without any more panic.

However, such theories cannot be used as guarantees and we need to see firsthand what kind of movement in the market,
It is important to keep abreast of market developments and movements at all times,
I don't know to what extent the price of Bitcoin will go down

The Bitcoin is already more than 70% down from its all time high of around $67K and market experts think that it can fall further and might break 20K level which is considered very strong support. Today FED is expected to announce further increase in interest rate to the extent of 75 basis points as expected which is will be very negative for all financial markets including crypto. Let's watch how Bitcoin reacts to this news.

It is very difficult to predict with certainty how low BTC will fall this time, but if you look at the current market developments it is very likely that BTC will drop below the $21k mark, because until now the crypto market is still experiencing a permanent  and there is no sign of it yet the market will recover.

No one can but one can predict either correctly, almost exactly the same as the price or never got it right. What you said that it will drop to $21k mark is also a prediction. As I see that the current price is even lower than $21k as I post this one. I hope that it will not decrease more until it decrease to below $20k. Current price is at $20k+ and if it decrease then it os more likely to be below $20k which I think a good pricebyo start a plan to buy and hold long term.

As of this time, we’re now close to breaching the $20k mark and may probably go down much lower than that. We cannot really predict on what is going to happen right now in the cryptocurrency market, but I am sure that for those of you who are waiting for this moment for Bitcoin to go down even lower and buy the dip, this is your chance.

I have bought some BTC last month at $30kish, and I don’t mind about the losses right now. I’ll just keep buying and accumulating more Bitcoin every month with my extra funds until the big rain comes. Despite that there are no guarantees or promises, I can feel that it will bounce back once again in the 2nd half of this year. But we have to be ready by any means necessary no matter what happens to the price of Bitcoin in the future. Just only invest and trade what you can afford to lose.

I hope 20k is the bottom and we already hit it. With so much recession, inflation, and economic crisis crypto as well were affected, so I am not surprised at all that market not yet recovering few days from now. Besides, bear market as well is one of the big reasons we hit the bottom of bitcoin this week. Really hoping we can have a green candles for a bit of hope of small recovery.

People think that the rate above 25k has become the bottom but it keeps hitting another bottom from day to the another day. Im pessimistic about that.

It may take years or even more. Remember that the world is in so many problems. War everywhere and people have been facing multiple disasters started from the inflation, crisis and many more. The countries need to be very healthy to make people will be interesting to buy crypto again.

That seems to be the case because now the Bitcoin price has dropped to $20k,
I don't know how far the Bitcoin price will go, considering that the market is still bearish.
it's better to just keep abreast of developments and market movements

I don't think anyone can predict how low btc can still go. Undermining the fact that we just at the half of the bear market year. This seems to me that btc can even go beyond $18k by mid July.

I totally agree with this comment. We're not even halfway through bear season. At least that's my opinion. I have no idea how low it will go, but rumors generally shape the market. Some say 20 k last, while others say 18 k last. But what is said in general is that it will drop to 13 k and below. When I consider the 2017 bear season, I am one of those who believe that it will drop below 10 k. According to my calculations, even ethereum bought over $450 is expensive at present. It's best for this season to consider the worst-case scenario. I hope what I said will not come true and we will not spend this period as painful as the 2017 season.

There are many things that can happen in between now and the next bull run. There is never a true way to know what will happen, but my guess would be that there will be a bearish price run once again, and BTC will go down more than it has been in the recent months. This time I think the price drop might be lower than the last time. The price of Bitcoin is affected by a variety of factors, but in the end its value will most likely be determined by two major components: its utility and its volatility.

We almost touch our last all time high in 2017, so that's a huge hit already. And speculators are still thinking that we can still go near $10k, which is crazy prediction, but hey, we've seen it all. When we think that it's not possible to reach that, suddenly the price goes to that level.

So maybe we are near bottom already, so the price will continue to go down to -85% or higher (if we haven't done so).

right now it is very difficult to predict whether the price of $ 21000 is a bottom or not,
because many people also call $ 16000 is a bottom, yes, this is really confusing if you think about it,
but my advice is not to miss the bullish momentum, because many altcoins have plunged,
maybe buying in partialy is the solution.

It is not stupid if we wait for the price of BTC to go down because we can get a cheap price and all things in Crypto can happen as well as BTC especially with some unstable world economic regulations and events that have an impact on the development of the world economy. BTC fell very deep and reached the rate of $20k, it proves that the price of BTC is unpredictable and we maintain it at a high rate, although I still believe that the price of BTC will rise again in the long term.

It's fine to wait for the price of Bitcoin to drop even more but the risk it could also possibly strike a high anytime. If you aren't confident buying at its current low price, then you could wait more but as for me, it's better to grab the opportunity than to miss it because of too much expectation.

It is already at a level where it makes sense to buy and hold long term. I am not saying that it will not go any lower, of course it could go lower but at the same time it is doing a good job being here as well. This is why it makes sense to start purchasing at the current price, it means that we are doing as well as it could be hoped for.

However, people are reacting as if they buy right now at 20k, and it goes to 16k, that would be the worst thing ever, it wouldn't be. When the price is 100k, the difference is negligible and you buying at 20k would mean that you would make 5x profit, and what else can you make 5x profit from? Not many things.

You're right. No one can really time the lowest point and bought in 100% with his investment fund. You need to split your fund and go 10-20% each price mark that you think it was low enough to be considered a good investment for a long-term hold.

A good gue can be $18500. Dont forget to invest in $LEDU while we are in the dip.
https://ledu.educationecosystem.com/
https://twitter.com/eduecosystem1
https://t.me/ledu_token

Last 2-3 I was under the impresion that BTC would tank to previous 2017 ATH, but I was thinking it could take WAY more time than that. Bear market is still not really there and we are already at that level, so 10k-15k maybe?

One thing for sure, I think we will have plenty of time to buy the bottom, it could stay flat 10k for a whole year I think.

I want to buy BTC, but really not in an hurry.

According to some senior crypto enthusiast that due to increase in fear and greed index the market is really unstable which is not good for all trader . And due to too much selling pressure and volitility there is a huge chance that market.can go below may be it will move to 12k$ which is really bad news ever for all trader. So keep eye on market and take good entry as possible as.

The best way to continue to analyze new things that will grow later. You can see the prices are getting increasingly unreasonable and whether it's all going back to 10 years ago.

At the current price of BTC, it seems that it will reach 6 thousand.  Because it is coming to 22K after breaking the previous 32 thousand, now it has come to 19 thousand by breaking 22 thousand again.  And now there is a backup at 16 thousand.  If it breaks down, then the neo-crypto market will be reversed.  And that will come to 6-7 thousand like 2019-20.

16k$ to 14k$ is enough I think. BTC is already 60% down fear and greed index is 6℅ so when market is in fear become greedy and fill your pockets.

I got information from an analyst, if the bitcoin price drops below $20k most likely the price will continue to fall and the buying point will be in the $17k range. however if the price continues to drop below $17k the next suggested buy point is around $13k. no one expects a bad situation like this to happen but you have to accept the fact that the crypto market is full of surprises.

It seems the recent correction might shows that maybe in the upcoming futures btc gonna hit around $10k, that's really bad news for most of altcoins since they are the ones that gonna get affected the most and I doubt they could make recovery in the future bullrun considering the circumstance that maybe they have lost majority of their valuation.
It seems majority of altcoins are gonna be eliminated because even going down at $20k already such a disaster.

The value of Bitcoin has several implications on the general cryptocurrency market. As the downtrend continues we've had a substantial reduction in the coin market capitalisation and the price of most altcoin are in their lows. I really do hope that there's a change in fortune as I see bitcoin approaching $15,000, in few days.

$15000 will be the last bottom and will be a very strong support in my opinion,
because Bitcoin is also down 70% from ATH now, big investors like institutions too I'm sure they will keep the price of bitcoin,
but I don't know because $20k is already broken and we are in $18k, hope there's a rebound this weekend

You could be right. We did see a little rebound over 20k but we aren't out of the woods yet. I have some cash on the side to buy ETH if it falls under 500 and ICP if it falls under 5 usd.

Well said. 20K is certainly a strong support but unfortunately it was broken. I think the prolonging war in Ukraine, rising inflation, fear of recession  & frequent interest rates hikes & declining Stock markets have contributed to this huge decline in Bitcoin price. As long term investor I am not much worried because bearish run will end as soon as overall bearish trend is reversed.

As long as there is no news worse than covid that we are facing in 2020 we will not be able to get cheap like what you mentioned. Over time cryptocurrencies have also evolved with more and more people believing that the fundamentals of crypto coins are indeed very strong. I think we don't need to expect the price to be too low or we won't be able to buy in the current bear market, it's better to get a little higher price with a definite profit in the future.

maybe reccession news that regularly spread in market will be main trigger price keep dropping no matter  how long it will stopped. but so far current price was cheap for enough for long term investment purpose. alot people expecting bitcoin price could drop to $10k , and in my opinion possibility to happen is low. if compared with previous high price we are in good level now to buy.

its strong support based on high time frame and not visit yet for many years. If this level not broken , trend reversal will happen immediately. Today looks like huge investors or whales want to push  bitcoin price. Institutional will fill their bag in this level.