Bitcoin Forum

What do you think will be the bottom for Bitcoin, from which it will begin to recover? Another question is whether now is the best time to invest or whether waiting for more dump is advisable.

You need to understand that no-one can accurately predict this crap. Also, and that you don't need to buy exact bottoms (because it's almost impossible for 99% of people to catch bottoms). If you just want to invest for the long-term and NOT trade actively, just dollar-cost average.

https://dcabtc.com/

Do neither find absolute bottoms nor time the market.

Let the market does it works and bottom will appear clearly at right time. You must to wait for bottom confirmation to response to the market. It means you will buy at a little higher price than absolute bottom price but you will be safer with this approach.

Don't time the market means don't predict when the market will reach to its bottom. We are aware that the crypto market has 4-year cycle but it does not mean each cycle will last exactly 4 years. It can start or end sooner or later than previous cycles.

Nobody knows, but according to the analyzes and the data we have and with the recent move made by the Federal Reserve, we are safe, as the price of 20k may be considered the bottom, but if things develop, we may see levels such as 15k to 17k.

In general, you should not buy at the same bottom because the price of 15k, 17K and 20k are all equal if you plan to keep your currencies until you reach the price of 200 thousand, so do not care much about determining the bottom but buy what you can buy now.

We're almost at the bottom and it doesn't matter how far we go.

Well no prediction is accurate and trying to find buttom isn't what should be the concern because we are never going to be certain about that all we do is predict from what chart we have. For the moment we are sure the trend is still down and I believe this month is going to close before a contrary prediction will be seen. I can say maybe we can see more bear to $12,705 but this is just for my personal consumption not an expert advise , trade or hodl consciously.

A question that is answerable by a speculation and will end up telling you that nobody knows.

Both.

If you think that there's more with the bottom and you just have to wait for it, no one will stop you. But I'll tell you one thing, DCA and I've already bought from this bottom.

Will not wait for the bottom! I would otherwise go sell most of the important asset I own which can include house and lot, and vehicles. Plus, one of the body organs I have to buy more stash of bitcoin!  :P.

Kidding aside mate, as others have said, I would rather opt-in using DCA strategy than timing the market to trigger your buy button -- of course, if you are planning long term. If in case bitcoin continuously go down in the next few weeks or days, you can replicate the process and buy bitcoin again at a much premium price.

No one can perfectly predict the exact bottom for BTC but there could be very close predictions. Also knowing the best time to buy isn't certain .It could get to $15k though. In the end you'd be the one to decide on the risk to take

IMHO, I think it is best not to bother yourself with questions like this especially when you have made a decision to hodl. if you have made such a decision, be rigid with that decision and be determined to ignore the market trend.

Regardless of the fact that no one here can accurately give an answer to this your question, the speculated answers may perhaps begin to slowly have an influence on you decision to hodl if perhaps the market starts going the way of someone's prediction of bottom for bitcoin.

The facts have be laid out before you that this dump offers an opportunity for newbies to get into the market, whether you decide to get into the market now or later is a decison up to you to make.

Don't wait too long to invest because it could be too late to notice. If you see the price being dumped, buy some satoshi and wait a bit. If the price gets dumped again and this time the price drops deeper, then buy a little more and wait a little longer. But set a price range for you to buy, and don't do it if the price range is too short because the price can bounce back to the previous high price. We don't know when the bottom will be there and we can only try to buy at every low price.

Well, with all my experience since 2013, I was knowing and prepared for 24k... but after these last days, I can surely say to yu that everything is possible... I mean everything... 18k - 5k  :-\ :-\ :-\ :( :(

Some guys are talking about 5k --- and actually I think that its not impossible...

5k has always been possible — I mean, we're talking about the ultra-volatile bitcoin here. But if you're going to wait for 5k and it ends up not happening, what now?

Dollar. Cost. Average. Stop trying to time bottoms.

To be honest, it’s hard to imagine a bitcoin price below 20,000 now. I understand that the market is in a difficult situation, but I hope that we won’t see below this price in the near future.

Bitcoin is not easy for anyone to predict accurately even if they are an expert, because besides that the demand and supply of bitcoin also moves up and down due to many events.
just let bitcoin or the market move as is and do what's best for you as bitcoin prices go up and down, and for now I think apart from doing DCA you can buy every drop you think is a good time.

No one can advise you in these circumstances. You are the one who can decide. The market is quite volatile right now and it's quite impossible to predict right now. A lot of FUD coming outs at the moment and marketing going down day by day. Bitcoin was stable to 30K zone for a few days now playing around 20K zone. We won't able to accumulate the exact bottom always, you have to be lucky enough for that. If I had enough money now, I would accumulate at the current price. Because it seems to me a good zone to buy even not the bottom.

While I can understand why people like the OP would like to catch the bottom, as who would not like to do so, at the same time this reveals they have not done any serious study towards investing or trading in general, I still remember the first time I was watching the charts and the price and without a doubt catching the bottom and the top seemed very attractive back in my newbie days, but as soon as I began to seriously study the markets it became very clear that such a thing was impossible, but fortunately it is also unnecessary as there are many ways to profits from the markets without having to time our entry or our exit points perfectly.

The answer will always be the same, no one will be able to accurately predict the bottom for bitcoin, then why wait to get to the bottom to buy, any time when btc have entered a bearish period is a good time and actually anytime is good as long as you make it an investment/long term holder but for trading you have to learn many other things.

Some youtube vlogger says that the bottom may probably reach $14k-$18k range and the bear market will last until September[1] this year.  But I believe that the bear market will last longer than what the yt vlogger stated, I think it will last until the 2nd quarter of the following year 2023.


Yeah just DCA, buy bitcoin at any given opportunity to get it at a discount.

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[1] https://youtu.be/xkU4nMhNLJw?t=388

Everything as in is truly possible.

We can expect for the worst case scenario and the lowest that it can be. But if bitcoin stays strong at the $20k then we're now having another all time low.

And by checking that stats, it only shows that bitcoin is on the right track. It's not how much it will increase in the future but how much the support will be for this bear and for the upcoming years to come.

^ I cannot answer your first question asking about where is the bottom price of BTC, but I think we are in a dip and probably investing now is a good decision. When BTC will recover? Just stop selling, stop panicking, and stop looking at the price chart daily and never get FUD. That will help BTC that will recover, as long as no one gets panicked and sold, BTC will surely recover.
However, this is not new in BTC price history, if you look at the chart history, there is a massive dump but after a few months, it was fully recovered the price. Who knows if it will recover tomorrow, next week, or next month, just hold your breath and don't watch the market daily.

It is like a question for:
How is your life in the future?
because none will predict what will happen to us, whether we will have or do something as we expected or unexpected.
This also happens in the Bitcoin price. many people only can analyze the chart, and system, and also predict the probability of the price. However, this doesn't mean that the prediction will be accurate.
That is why we cannot be sure about in what rate the bottom price of Bitcoin. If you are going to invest in Bitcoin, why don't you do it by steps? not all in.

Almost everyone are expecting to find the right answer of what was the bottom but seriously, no one could tell what is the bottom ever since the market started. But based dili on the chart and speculation, people are expecting that this $20k is the bottom already but some said it's the $15k but I think that's just too much considering how high the ATH Bitcoin have last year.

It's better to buy already whenever you see a dip because that might be the last time you will be seeing such cheaper price. We never know maybe tomorrow or next month Bitcoin price would be stable at $30k or so, at least you did what you could during the dip.

I'm assuming the "Best" Time to invest in your opinion is when you can maximize the bottom? Then I suggest giving up, that's almost impossible to predict, if not impossible. It's also going to make you simply miss out on the investment opportunity if you keep looking for the "Best" time, I suggest just going in on dips, especially big ones like the one we have right now. If you're afraid of putting it all in, then just go DCA or invest in other types of assets such as stocks/land. I recommend DCA more though, up or down you're still investing which is a lot easier and less stress.

No one realy knows when the right time tho, even to those that claimed themselves as expert traders can also be wrong with their predictions. The thing is, when you think it's already in the bottom and hoping it begins to recover but it did not and the same goes when you think it will continue dumping but what happen is otherwhise vice versa. I'm not in a place to advice when to invest or wait for more dump, since it's that hard to predict. So, I myself gonna keep waiting tho and just watch where the market goes.

if you wait to buy bitcoin until the price is bottomed then I make sure you will never get that opportunity...

many predict the bitcoin price will not be below $25k or $23k but a few days ago the bitcoin price touched $20k. if you have more money then just buy bitcoin at the current price, you will not lose because the price of bitcoin is volatile and the market will definitely be bull again.

I think I've seen someone predicted that btc can still fall under 20k. There's also one that I see where he predicts 13k is the bottom. None of them is guaranteed though because they are only just a prediction. The only thing that you can do is to trust on yourself if which do you think because in the end it was still your own money. We have hit 20k last day right?

But, now btc is spotted recovering at 21k but it does not mean that it can continue. Movements of btc is totally unpredictable. Can't say that this is the best time to invest because there might be more dumps to come but this is a good time to invest since price is cheaper than last time.  You can do dca.

That's crypto sometimes things like that are unpredictable and we can see that Bitcoin is currently at $20k,
if talking to buy it might be much better to buy gradually and of course it's more effective,
I think it's time to buy and use this opportunity as best as possible to make a profit

As we all know, we cannot predict it completely and we want to continue the belief in BTC. I think that's the best approach with BTC using dollar-cost averaging. You cannot time the market and it's still best to continuously buy BTC with it, it's pretty well known and you should be able to see how important that is for sure when you see the past experiences of buyers by that.

It is not possible to accurately predict the price of Bitcoin. But an investor can take a new position by looking at the history of the market, because the market must repeat its history, which Bitcoin has done in the past. So now Bitcoin can be bought for the future, because Bitcoin can be called an important area in the price area now. So it's hard to find out if it's Bottom, but it can be a good opportunity to buy Bitcoin and prepare for the next bull market position.

I believe we can only speculate about the possible scenario in the future because we cannot see it in advance, so I guess the best thing that we can do is to compare the data of previous bearish seasons from year to year, and then we can analyze it and give our prediction base on the available data.

Anyway, no matter what happens in the market I believe that Bitcoin will bounce back just like the old times and the best thing to do is to buy in the Dip and HODL.

To be honest no one has seen the future.
All we can do is just give our predictions based on the calculations.
Seeing the trend, I guess BTC might fall upto 18k usd and then it will start recovering.
Once it starts recovering, it won’t stop until 50k usd. Nevertheless this is just an assumption. Anything can happen in between.
More regarding the investment thing, then my friend let me tell you that there is no perfect time to invest.
If by chance BTC starts increasing from right now at the current price, then you gonna miss the best buy time.
So if you have sufficient money, just buy as much BTCs as you can.

No one can accurately predict the bottom for bitcoin. Best believe in your own research and ignore experts opinions or YouTubers. Best approach to take is to DCA your investing by buying at strategic lows where your analysis shows probably a bounce, then you won't have to worry about what the bottom will be.

There are always people who are waiting for the best price. Someone regretted that they did not have time to buy bitcoin during the bull market, but now there are such eccentrics who are waiting for a cheaper price.

Often Buy and keep bitcoin for more than 3-4 years. History says that 100 percent of people who know how to wait, over a four-year period, remain in the black. So act now, you may not get a better chance.

That's actually the common mistake of unwilling investors. They have the guts to regret it but aren't brave enough to take the risks when there's an opportunity to buy at a cheaper price. Others are still waiting for the bottom price which is still unknown and unpredictable when in fact, they can already accumulate Bitcoin now and still gain a good profit in the future.

Can not predict exactly but yes the correction prolonged as far as it could and hope it wont go much further, it would certainly be back on track marching forward. Bitcoin has gone down to the core from $64k to $20k. This is really disappointing to see but what to do. This is the nature of crypto currencies. This is the best time to invest to invest as much as possible on coins which are much cheaper and top in the market with good trading volume.

Yes, no one can predict the precise price of the Bitcoin market and it is also difficult to know if the market has reached its final bottom price but speaking of the history that you cited early.
History shows that during the market correction Bitcoin always loses at least 80% of its ATH price. If the Bitcoin market reproduces the same 4years market price we haven't reach the bottom price

When most people are in panic and selling pressure is really high most probably the bottom is very near you cant accurately predict the exact bottom but buying at every dip is the best strategy here, 16,500 or even at 10k is very possible so be very careful before buying.

If you want to invest for the long term with Bitcoin, then I don't think you need to worry about the current base of Bitcoin because every correction that occurs is of course a momentum for us to buy some BTC at a cheaper price and make sure you use cold money because if you decide to invest Bitcoin in the long term you should be prepared to hold it until the bull market has returned and so that you will get the maximum return.

Now is probably the best time to invest in bitcoin but be careful as I feel the price hasn't bottomed out yet and can drop further. Maybe you can buy more bitcoin while monitoring the market situation so you know what to do. Bitcoin will recover, although we don't know when it will. We can only hope and try to have a lot of bitcoins to get big profits.

Well, we are not sure if we are at the bottom already as the price of Bitcoin seems moving fast up and down. The volatile nature of the market is making it hard to tell when but I guess, we need to make a decision right now rather than waiting for the bottom price if there is. Thinking about buying at $19,500 is good enough compared to buying at $20,000. I buy Bitcoin without thinking for a bigger profit but what I just think is all about growing my money. Even just having 20-30% profit growth, I was already contented enough.

if you invest in bitcoin with 20-30% profit growth I think it's big. but if you just want to enter the market, it is better to wait more patiently. the market moment is still confusing, and not good for getting into trading. but if you are not interested in a lower price, you can buy it now and hold it according to your investment plan.
but in my opinion, this market recovery will take quite a long time.

Well, like some other members already pointed out, OP should think about what he wants first! Dollar-cost average is one of the good long-term strategies, until now (and I belive in the future will be the same) this strategy didn't disappoint, at least when it comes to investing in Bitcoin and some other top coins!

The bottom for Bitcoin this time is hard to guess, and it's more for the speculation section! Simply we can speculate how deep the BTC price can go, but it's just lucky guessing! Who has money for buying should split the amount and buy from time to time, maybe one of the purchases will be on the bottom!

All are presumptions considering that this market is truly unpredictable and there's no way that we could actually know on what's the bottom price which simply tells us that everytime it could really make out some significant move or about recovery which is something that we can't predict and that's why we do keep on guessing and speculating on where prices could actually go and stop.Bottom and peak or top prices are always the main question in mind that's why risk taking factor will really vary or depend on each person on how they would gonna handle it.

oh , every 2-4 years is the same patern , Nothing new .

1) oh my god , btc broke the suppot !!!  its the end of bitcoin !!!!
2) medias : bitcoin is a scam !!! We TOLD YOU ! gnah gnah gnahhh !!! 452 times (source 99bitcoins site)
3) it seems like btc reached the support and bounce back .
4) bitcoin is up again
5) bitcoin up to 50% +, new trend bullish
6) Bitcoin price get a new high at : 20$ ...200$ ....20,000$....... 200,000$ .......

Rince and repeat

Not so long ago, I wrote in the same thread, where I said that the bottom of bitcoin would not be so low. Although, every day in the evening I go in and think if I was right ...

The current market conditions are very bad, because the price of Bitcoin continues to decline and finally what I fear is happening the price of
Bitcoin is now down below $ 20k. This decline will definitely make some investors panic, I believe the price of Bitcoin will still fall even lower
than the current price. But we all will not be able to know the lowest price of Bitcoin, for sure I really hope the price of Bitcoin will not drop
below the price of $ 15k. I suggest with a market situation like this not to trade first, because the risk is very high. Then we should stay calm
and not worry about the bad market situation, keep holding the Bitcoin that we have and have to believe in the future of Bitcoin. However Bitcoin
will always recover again, but the problem is that we all will not know when Bitcoin will recover. There really isn't much that can be done
in the current situation, maybe just be patient and wait for the market to recover the best we can do right now.

If any investor wants to make a long term investment, now is the ideal time to buy Bitcoin. Because, most of the people in the crypto world don't think that the bitcoin market will come to this level, but the market has actually come to this level. Now, if anyone enters the market, it may be a good thing for him, because it was beyond the imagination of many to see Bitcoin below $20k again. As Bitcoin now offers another opportunity, investors should make long term plans to buy Bitcoin.

When we take into account the long term prospects of bitcoin then without a doubt this is a good entry point, however it is also important to be careful since the price is still going down, there were people which bought at 30k which are now mad they did not catch the bottom, and even if the price at which they bought their bitcoin is a really good one, at the same time some of them are already showing signs that they may not be able to hold their coins anymore in the case the price keeps going down, since they never expected for things to get this bad.

Now I have only one question brewing - is it worth taking now? It seems that the price is quite pleasant, and if it is worth waiting for growth, then maybe it's time to buy it?

Well, we are not sure if we are at the bottom already as the price of Bitcoin seems moving fast up and down. The volatile nature of the market is making it hard to tell when but I guess, we need to make a decision right now rather than waiting for the bottom price if there is. Thinking about buying at $19,500 is good enough compared to buying at $20,000. I buy Bitcoin without thinking for a bigger profit but what I just think is all about growing my money. Even just having 20-30% profit growth, I was already contented enough.
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Today, bitcoin has returned to $20k and is making a hefty profit for people. As long as they are not greedy for profit, they can profit from bitcoin trading. The bitcoin market is still going up and down erratically and will continue to do so. People who already bought it at a low price can now sell it for profit but can also hold it for longer and only sell it when the price rises higher than it is now. Getting 20%-30% profit is enough because it is very difficult to make a profit nowadays.

I agree with this one, I actually waiting for the $15k dip as it is still valid as of now but in my opinion if the price reaches $25k or $30k without hitting $15k I think it would now continuously go towards $60k and I hope even more. Right now I am still unsure where the price is going but I am sure that it is possible that it may hit $15k so what I do now is day trading rather than swing trading.

with sheer panic setting in I transferred 3/4 of my btc and all alt coins to USDT and USDC over the weekend I dont know if that was wise or not.
I have a target to buy back in on the lower side but dont know about the upper stages if we go over 23k for example if I will take the loss

Only time will tell if what you did was the right choice or not, however even if things end up well for you I will always think that taking a decision because you became victim of panic is a bad thing no matter how I look at it, you also need to be incredibly careful, because even if I consider those two coins better than UST, you never know when another stable coin could collapse almost overnight and make you lose the rest of your money.

Absolutely right. I think that very often it is panic that plays an extremely negative role on the results of work.

The quick recovery is basically just the proof that we are in a market where 20k is pretty strong resistance. People know that it was the previous ATH in 2017 and they believe that we are not "that" bad right now and that is why buying when it is under there is pretty easy decision.

Doesn't mean that it can't go lower, it can still go lower way down if people end up selling a lot, but there is a difference between 40k and then suddenly under 20k, it is easier to buy some here. I didn't do it unfortunately, I should have done it, considered doing it but honestly I didn't had the courage this time around because felt like maybe it would go down more, it was a mistake, wish I bought some more.

Many say that the bottom is still ahead and are waiting for a lower price. To be honest, I still doubt and just wait. I think soon the price will please.

This is still a very cheap price to buy BTC compared to its ATH. BTC has got all the potential to double or even triple your investment in few months. Unless you're looking for a short-term profit.

Don't miss the moon while chasing the stars!!!

Unfortunately, no one is good enough to predict the bottom price of bitcoin. Everything are just speculations and they only based their predictions from their own market analysis. But hey, looking at the current bitcoin price, its already a good price to buy and hold. So start investing and never wait for another dump as you may lose the chance again to invest. Do DCA so you can be sure you're not missing the bottom price if its really the bottom of this bearish market.

You can't precisely predict the bottom price of bitcoin since its always uncertain in the first place. No one here is good enough to do that. But you can still invest even if it's not the bottom price, just by doing DCA. After all, your aim is to hold bitcoin for long term investment so even if you don't buy at its bottom, as long as you only sell them at its good and reasonable price, you will still be profitable. Just be patient once you invest as bitcoin may not recover its price easily as it could take a year for it to recover.

We can only speculate about the bottom price but we can't be very sure what price level it will hit rock bottom for this bear season. Like for example, we can say, it may hit the $15k level but who are you gonna believe, right? So it really depends on how will the market behaves in the coming days. Even the so-called experts in this industry, can't guarantee what level we will stop or what will be the bottom price in this bearish period. And you may want to take advantage of this opportunity if you want to get more satoshis.

It's hard to invest looking for the bottom price as we don't even know if its the bottom in this bear market. But seeing the market is really in downtrend, then it's certainly a good time to invest. No need to wait for another market dump, the current price is already cheap and very affordable for us to invest. However, doing DCA can be very useful this time as it could maximize your bitcoin purchase in every price drop.

No one can actually tell you the bottom for bitcoin. If anyone feels you he knows the bottom then maybe he is lieing or decieving you. Looking at the chart now it dosent seem as if bitcoin is done dumping so if you start buying now you will do more DCA if more dump come and you are likely to wait longer time for recovery depending on how fast or slow things happen. So for me I remain patient for now.

Have we ever really known how much Bitcoin really bottomed out in every crash? Maybe we can predict it, but can't be sure if it's true or not. Moreover, this number will continue to change according to the market, news, and also some other indicators?

Exactly. Many people moreover beginners may only think about short-term investment to turn back the money and get high profits. But in fact, the market may not meet our expectations, the reality may be different, the price may keep decreasing and our asset value is decreasing.  But if for long-term holders exactly, this kind of market is a happy day because we can add more Bitcoin in lower rate by DCA, not all in.

short-term investments that beginners think will yield little profit. because the market moves with just a few pumps, it makes beginners panic to immediately sell the assets they have.
we never know the basis of bitcoin. but we can anticipate a downturn in the market to collect more of our long-term assets. trading will give us small money, while long-term investment will give us more.

how do we wait if it turns out that the price has experienced a bullrun, do we not buy or buy at the price when there is a bullrun. so I think when there is a decline like this time is a good time to buy little by little, if there is another decline it means we can buy it back, and if the market has experienced a bullrun, at least we have assets to prepare to take profit, so it's all about money management and analysis

While without a doubt bitcoin can go up in price and give those kind of profits with ease, I think it is a mistake to think those profits can be made during the next months, people are very scared not only because of what it is happening in the bitcoin market but all over the world, and a few months are not going to be enough to dissipate the doubts that investors and the general public have on the economy, so it is better to tone down our predictions for the time being

What is happening right now in the world does make us worry and the problem seems very complex,
at this time we can see for ourselves that the global economy is in chaos and it also indirectly affects the crypto market,
Besides that, we can see that almost all countries are experiencing inflation and it is not easy to overcome all of this

Not so long ago I read an analyst who predicts a price of 0 for bitcoin. So I imagine this moment, and I think - how many of them to take at that price? :)

DCAing is a good strategy because its less risky compared to using all your funds at once. Anyway the current price is still cheap, its best to buy during this time instead of waiting for the price to recover before buying. As long as you can hold longer and willing to wait patiently until bullrun occur then you can buy now. We're not certain whats the real bottom but think the current price is reasonable to buy.

If someone can predict the dip, for sure he won't tell anyone and if someone really can, he could also predict the next all time high.

To answer your another question, the best time to invest is when you trust your technical analysis about the next dip, if you happy about the dip, buy it, if not, then don't. Though hesitating so much even though you've done your part will give you only regrets at the end, sometimes not. For me, when you bought at $17,600, it's not that bad because that far enough from it's last all time high.

I think right now, it was too soon to say Bitcoin has bottomed out. Many said 'price right now is good' but that's only because we are now just recovered from a low price last weak. Need to be a few more weeks or months in green to actually be out of the bearish trend.

Obviously DCA is the best choice when the market is bearish, giving investors and traders the opportunity to buy a number of assets at low prices. But if they know that dip and DCA is a better strategy combination then now they have made some profit. I understand why some people worry about deciding when is the right time to make a purchase, but once they realized that $17.7K was the low point during the correction, then I'm sure they regretted not buying at this point.

It will still take a long time before Bitcoin recovers again not unless a huge event will occur that will affect its value positively. I guess it will take long months before Bitcoin hit a better price again and we're still not at that bottom price. There's no accurate prediction though but we could base things on its history.

Luckily I could buy a few bitcoins when they were under $20k. But I'm sad that I only bought a few bitcoins yesterday when I could have bought more. Maybe because I thought that my analysis had said the price could drop to a lower level but it turned out that the price could bounce after reaching a price level that I could buy. Well, at least I can increase my current bitcoin amount and what's exciting is that I can sell it right now if I want but I guess I'll just hold on to it for the time being. Maybe later, I'll sell some first, take my initial money, and save the rest for the next hike.

That was the story and it will recover as it is supposed to be. Therefore, we have to keep our trust, we can't predict when but certainly it will come someday. So far, the market is moving a little bit high turning it green and this leaves the confidence that there is really a chance for recovery. Patience is somewhat we need, maybe we are not yet finished with the bear season but actually, seeing the market development it somewhat gives a good feeling to the holders and to those who bought Bitcoin at $30k (and higher).

If Bitcoin able to break the resistance level then we can safely say the Bitcoin has bottomed out but of course there’s still a chance for a failed breakout and we should continue to watch the candle sticks of Bitcoin. The market is still unstable, the economy of many countries are getting worst and this could affect Bitcoin price as well. Let’s be more patient on holding, know that you’re not the only one losing here and better to have a good motivation to continue buying because this bear will eventually end in time, this is not a bear market forever.

The price is still accessible enough as it is barely above the 20k level and even then there is a chance the price will go below that price once gain, so it is important to get all the fiat we can during that time as the best possible time to invest in bitcoin is still ahead of us, but the window of opportunity in which we can do this will be incredibly small and if we are not ready by that time then we are going to definitely miss the best opportunity that we will have to buy bitcoin for cheap price.

It seems so considering the market is still in a bearish condition and make good use of this opportunity to invest in Bitcoin,
no need to hesitate because Bitcoin is the top coin and I'm sure it will return to the highest price later,
and we can buy it gradually while waiting for the price to come back down

True, the conditions for such a growth are not there right now, people are afraid of what it is coming and they are taking refuge in some of the traditional assets like the dollar in order to protect from the crisis that is coming, however I really think that the dollar will begin to show signs of weakness and they will be crushed, that is when investors will begin to look for alternatives and that is when bitcoin and its independence from the governments will become attractive to investors once again.

IMHO we are at the bottom; however, there is a difference between being at the bottom and scraping the bottom of the barrel.  Right now, we are consistently at the bottom but inconsistently have scraped the bottom.  We have yet to hit the bottom feeding stage in which we consistently scrape the bottom.  Hopefully we have seen the worst of this cycle.

Cryptocurrencies are extremely volatile in nature, the price fluctuations can be incredibly rewarding or just turn out to be hard luck. A simple rule of thumb is to invest when the market is bullish and exit when it's bearish.
Inherent volatility of cryptocurrencies poses a risk, it is also one of the most important factors that draw people to Crypto. And because the market fluctuates constantly, then According to me there is no optimal period to invest in cryptocurrencies; hence it is important to review the price analysis and future predictions before investing.

it could be that now is just a correction to go deeper. it is true that if you can break through the resistance, and show a long candle, then it is possible that it is a reversal area. but on the way no one knows about it, therefore continuing to buy in the buying area becomes an attractive option, at least we are also together waiting for the bullish season to come, and continue to hold it until that time comes

People keep talking about when the bottom for bitcoin will be hit or has it been reached already. Meanwhile bitcoin and the market just can't deal with that at all, it doesn't care about any of this, the only thing it cares about is the fact that you could make a good profit from bitcoin if you buy right now, and if you keep on waiting then you are not going to be making that kind of profit for sure.

So, why focus on that when you could do something much more profitable? I get that you may not like the way it is going right now, but that doesn't change the fact that you could have bought right now and made a profit, when instead many people are trying to find the absolute bottom, like it would matter if you bought at 14k instead of 20k, what if it never reaches those levels?

What are you going to do if it never reaches those levels? Would you be fine with buying at 30k in that case in order to not miss out the hyped increase? I think buy now, no matter how low it could get, so that you wouldn't regret it later on when the price starts to go up a lot more.

yes in actual sense what you have to do, is to invest more money when we are experiencing bearish market, while during the time of bullish you make your Profit.

Some people don't understand that in cryptocurrency the only time you can make Profit is when you have you purchase more crypto in the bearish and hold until the increment in price of cryptocurrency emerges, which known as bullish. So in summary, you don't need to exit when their is bearish market rather exit when their is bullish market, but depending the gravity of bullish will determine if you will exit or not.

When it comes to investing for some reason people have it backwards, after all when they are buying a product they try to find the best possible price to buy what they want, and yet this dynamic that is familiar to everyone that has bought anything during their life completely escapes them when they are investing, we need to buy when the price of an asset is low and then sell it when it is high, bitcoin right now is incredibly cheap so this is the moment to buy and yet we see many people selling their cons for a loss.

The bottom seems to be already reached and we are still arguing over if it was reached or not. I do not get why people always push themselves to the very bare bottom and how it could happen. I know that it's not really that much shocking if we do not have any kind of reason to believe it's fully gone, and we do not have any proof that it's fully gone, but shouldn't that be good enough of a reason to also believe that it could be the truth?

I mean yes we do not have a proof that it will never go any lower, but we also do not have a proof that it will be going down neither. So, why not pick the part where bitcoin looks more profitable, and instead be scared about the first possibility?

Totally dumb right? Instead of selling those assets/coins or any various investments you do have then why you cant just find for another source which you could really make out some buying on Bitcoin without the need

on selling them? Yeah, its not really something easy for some people but its impossible that you wont really able to provide if you are really that dedicative when it comes on investing specially on times like this.
Some does have the money but they are still hesitant on doing so just because they are minding that they would really be getting in lowest price as possible which we know that its impossible since the market
is totally random and unpredictable. Bottom is always be imaginary and unknown but with some indicators which is really giving out some ideas on when to enter.

Waiting for more dump in never advisable, but never waiting for another dump is foolish as well, the best way to stop this problem is find something in between which is averaging or dollar cost averaging, just keep on buying a certain percentage whenever the price falls a bit therefore you are accumulating and at the same time keeping a small backup to buy if the price drops even further. No one can really predict what the final bottom will be so this is the best strategy.

Yeah, you're right! Little did they know that their alternative (FIAT) won't be able to save them overtime. Inflation will eat deep into their dollars then they will all start seeing bitcoin in a new light again. Maybe.... Just maybe then, we might have the bull run again.

Until the dollar fails the sellers will keep believing holding the dollar is their best bet against the bearish market condition.

each time frame of course has its own graph, and we can look for support at each time frame, so we can determine a low price in the support area, but we have to remember, the smaller the time frame we use, of course, the shorter the distance for the market to work, therefore we must be able to determine the target and cutloss area, to invest long term, of course the largest time frame can be chosen for analysis

That's what we call DCA all the all to the bottom. Not very hard to understand since no one can really predict the bottom exactly at what price. Holding fund and keeping it just for 1 single chance of 'bottom' is dumb. Split it out to give you more chances. Same with diversifying.

I would guess that they would, everyone would really except a few. The reason why there is nobody that really shares it is the fact that they do not know it, everyone just assumes and sometimes they are right and sometimes they are wrong.

I could say that we already saw the bottom and it won't go up anymore and that was it, and if that really happens and we do not go below that anymore and it just goes up, doesn't mean that I am some genius or anything, it just means my assumption was right but it was still an assumption and nothing more. This is why I honestly believe that the best thing we could do is move on from trying to find it, and just deal with our predictions.

No one knows which direction the crypto market will take at any given time, but a look at the various aspects of the previous year gives some idea.The idea of ​​the past years is that Bitcoin can go up at any time now, if Bitcoin goes up then the price of alt Coins is likely to go up.

Most people hate risk which is why I can understand they do not want to invest in a market which is so volatile as bitcoin, however they need to understand as well they are taking a massive risk by investing their wealth in fiat currencies, the inflation is higher than during the last 40 years almost all over the world, which is close to the last time the economic system fell, if we saw another systemic drop this time it will be huge as it is the first time all the currencies around the world are fiat, and anyone holding fiat will be devastated by their losses, only those holding assets like gold and bitcoin will do well, so it makes sense to buy bitcoin ahead of time before such a thing occurs.

What is your chart telling you? everyone who buys now are doing it based on what their chart says or based on their research or maybe what the heard from a so called reliable source. But the truth remains anything about bitcoin price you hear are mere speculation. Kindly do your research if it tells you to buy now perfect but if your research suggest you wait a little more then do so. But ensure your chart is giving you the first hand signal before seeking for conformation else where

Am sure nobody knows when bitcoin will start to recover and if you ask me when is the best time to invest seriously i will tell you i dont know. Almost all coins are down by -50%, and you are still asking for the right time to invest. Most people just want to catch the bottom which is not possible, after buying a coin is either its start going up or will come down, you wont always buy a coin and you will be in profit immediately. just buy when you think the price is down enough and hold.

Don't regret it when the market bulls! But you shouldn't listen to random talks from influencers and people as you won't be hundred percent sure of getting the right decision to make and take.
The best advice is to get some cash and buy the in the bearish state. But if you can read the chart you can tell when to expect an upwards movement and downward movement. Bitcoin beats them all and expecting below 11k is a no no I don't think it will.

This is what ends up destroying so many traders and investors, they have the mistaken expectations that somehow their strategy can exactly predict where the bottom is and when it will happen, and a prediction about the price we may reach can never be that precise, what we need to develop is a strategy that profits from the markets even if it is not perfect, and without a doubt investing your money when the price of bitcoin is so low is a good way to make a lot of profits during the next years.

Influencers are not there to give you good suggestion to begin with, they are there to make it harder for you and that's about it, nothing more. I believe that the worse you do, the better they will feel probably.

Because, it means that they managed to influence you to do something bad, it's easy to say people "go buy bitcoin", because it's obvious that you are going to get richer with that, everyone can say that and it's simple, but if I say something weird, like SlashSlurpyDoge token and you actually go out and buy that? That's a big influence they have over you and that matters. This is why I believe that it should be quite important for them.

The chart is one tool used to analyze the market and in creating TA, however, given the extent of being volatile, that is still bound to be an unreliable conclusion as we can't predict the market right. The market of Bitcoin is moving like a roller coaster and we even don't know if we are reached already the bottom or not. Many speculations arise that we have been reached already and we are going to move high but I don't simply agree with these because as long we are in the bear season, anything like dump can be possible.

No one can tell that. As of now, it is still going down. Let’s wait and find out where it goes.

Bitcoin can still dip further but it's all just a matter of time for it to reach it's ATL price. With TA, it's confirmed that it will dip further, it's probability of hitting $0 is still very possible but Bitcoin have retested back to it's bull run. Experts say it will continue to dip but since the market is unpredictable, one never can tell what's going to happen next in the market. Bitcoin chart is very complicated at the moment but people still know the down road of Bitcoin.

For some reason, I am sure that we have already seen the bottom. In theory, now the picture should slowly start to improve.

Any asset has ups and downs — cryptocurrency has more ups and downs because of the amount of hype and FOMO involved. When crypto is crashing people think that this is the right time to buy but they are wrong. You never know when it will go up and down because cryptocurrency is volatile in nature and there is no time to buy it. You can invest as much money as you can afford to lose so no problem

TA does not really confirm anything though right? It gives a lot of clues and a lot of directions but we all have been there, surprised by TA. For example RSI shows we should be going up to above oversold areas for weeks but we are still digging in.

If there is one thing though that I learn when majority of experts say it is going one way, the market tends to delay their prediction by a long time!

If you think that bitcoin will dump for upcoming, then you should not invest this coin. Because noone says that the appropriate predicts of bitcoin price. So, I invested many coins few days ago which is good for me as I can see. The price is pump again and the market looks good. This is perfect time to invest btc or others coin.

For some reason it seems to me that the bottom may be closer to winter. I do not know yet why, but there are such suspicions. In any case, we are still waiting for the results and hope for the best.

It’s hard to tell what would be the bottom of Bitcoin. Some analysts say that bitcoin is going to dip further and the crypto winter will last for at least next 2 years.

No one can answer your two question. It's like predicting if there will be a storm coming tomorrow or not. What you can do during this bear season is just to accumulate as much as you can to prepare for the next bull cycle. With the economic crisis going on, I don't think we've already hit the bottom and crypto will start to recover soon. Bear market has just started and usually last for more than a year.

Well, if the purpose of OP is to look for free money, it is something difficult, the best things are not obtained for free, I think that you have to work and a lot to be able to earn your money, and one of the things you can do is simple jobs, there are many faucets, but they are not faucets to accumulate money and become a millionaire, I think one of the ways you can get is through campaigns, there are many in the Bounty section of the forum, I think that's the best option.


Well, there are some analysts who are always looking for a way to make predictions based on their technical analysis, but it is so difficult to do so due to the fundamentals, in my case, I find myself out of the market, because I do not know how to operate, the current situation is somewhat complicated in the world, situation, wars, pandemics, diseases, possible downturns in the economy, this makes it difficult to operate, and especially to place positions in Long.

Through campaigns and many in the bounty section, really?
As someone who spent some of my newbie or beginner days in the bounty section (something am not most proud of) I must say, the bounty section is full of shit, yeah, shitcoins and tokens. Perhaps a few might have met projects that pumped and became important in cryptocurrency but, I wasn't that lucky or opportuned to find one and as such, I speak from mine perspective.  I wouldn't advise anyone as, I feel it would be a waste of quality time that could be used in gaining knowledge on the forum and eventually building of account.

The answer is the same: nobody knows it. As of  now, the market is still going down. It could reach $12k, maybe. Nobody knows! If it goes, I will sell my Bitcoin and buy it again.

After the dump the bottom was around $17k for bitcoin as it didn't go lower than that range.
Since then it started growing slowly in price and crossed $24k few times but due to recent negative news in the market it has fallen back below $20k.
Now it's time to wait and watch whether bitcoin will be able to hold at $17k which I think it will or will it dump further below that point.
Most probably bitcoin will hold strong and may be $17k would be the bottom for bitcoin.

Nobody knows what will be the bottom for bitcoin because crypto market is really volatile and it depends on the market condition, demand and supply amd also depends on the economic condition of every country. You should be the one to put the bottom for bitcoin for yourself so that you can decide to buy and hold. Everytime is a good time to invest as long as you have a lot of capital and don't panic if the value of bitcoin slightly moving down. Hold for long term for a you to have a good investment return.

Is it the right decision, you should think carefully. As you say, no one can know whether bitcoin will go up or down, selling bitcoin now and waiting to buy it back at a lower price is too risky. We are in a bear market but there is nothing to say that bitcoin will break $17k again, probably won't happen. If you still have money and wait for the price to drop further to buy then I have no idea, but selling immediately and waiting to buy it back at a lower price is not recommended.

It comes to the idea that selling now and waiting for the next drop is kinda be optional. What I mean is that we can just do selling if we see a profit on it and use this money to reinvest. But as the situation is dropping more, I suggest staying on hold, and instead of thinking of waiting for the price to pump, it is better to take the current situation as an opportunity to buy more while waiting for the recovery. It was uncertain what comes next that is why we should be wise enough and think several times before making a step.

If i'm not predicting it wrong. By the end of year bitcoin will hit its bottom and will start recovery in 2023.

Analysts sucks they put you in FOMO And FEAR hence dont believe them... Do hold your bitcoins if you believe in it

For now possibly we will go to upwards and then down dont knew how down it will be but mtgox FUD still hangs over the head.

It's just a prediction that is always linked but in the end we don't know how low the price of bitcoin will be at the end of the year? This is still a lot of speculation aimed at the negative trend.

There are so many FOMO and FUD at this time, it's just us to be able to filter them out and don't just believe it, more precisely, don't be afraid about FUD and we believe that one day it will recover.

I will still continue to survive because until whenever bitcoin must be held until it rises again.

The bottom of Bitcoin is apparently 17500, but according to experts, the month of September has always been bad and no good news is coming out. Bitcoin crash is also due to the upcoming CPI data.  Can also dump Bitcoin and make a new bottom due to MT Gox Token. Bitcoin may come down further in next few days or weeks, chances are also seen.bitcoins Can dump 12k to 16k.

I think if bitcoin can break through the $17k support area, then the bearish possibility will continue, but I think that area will become strong support, and at least there will be a bounce if we look at it from a technical analysis, regardless of fundamentals. Unfortunately the positive news about crypto hasn't arrived yet and this is what makes investors' psychology wait and see for the market to react

We can only hope for the best this month of September, but as you can see, we go to $19k, but the market rebounded and get back to our support level of $20k. I think the CPI announcement has been price in already. But the Mt. Gox is still going to haunt us maybe till next month.

However, I don't see it dumping to the price that you have protected, for me the lowest low are already in at least for this year, around $17,500. If we will go down that low, we should have seen it already, but we didn't. Again the lowest we got is just $19k.

I do agree that "experts" do not really considered to be some people who are doing it for the right reasons, they are doing to either get clicks or get attention and nothing more. Which is why I don't think that we should be expecting them to give real and valuable suggestions that will turn out to be true.

Of course, some of them could be right once in a while, I can say that in September the price would go up to 25k or more, and if it doesn't happen then I am wrong as always, but if I am right, that doesn't mean that you should listen to me forever, next time if I say October will be high again and then it goes down, you listened to me for my success in September (or maybe even didn't but just saw it) and then lost because of October fail.

This is one question that nobody can answer. Crypto market is extremely volatile. In such scenarios, you should check whether you can take a risk or not and invest accordingly.

The best thing we can do for ourselves now is to keep investing no matter what the market does. Since there is time for everything, we need to keep buying Bitcoin and other altcoins that we like or see good reasons to invest in.

No body know when the market will finally go bull and we are now left with the option of buying and keep buying if the fund is available. I see those who does not know how the market moves keep complaining of loses or whether to wait more for the price of Bitcoin to fall before buying.

The pro traders know how this things work and they can even confuse us to sell so the price can go down more which could be an opportunity for them to keep buying the dip.

Most of my trusted crypto analysts predicts 10-13k bottom, sometimes it might take months to see such predictions come to pass but it will. Most buy orders is said to be in that range and nothing seem to be keeping the present price there, so it is likely going to drop. Just a bad news could help it, we have seen several cases like that. The psychology of the market especially with the traders is very important and their are good experts that understand this.