Bitcoin Forum

A Lot of damages have been done to Bitcoin in 2022, which is partly due to the economic woes of the world and high inflation plaguing global markets among other factors. The Crypto has been holding its ground tightly above the low of June 2022.

My question is, will Bitcoin hold the rest of this year above the low of June at 17625.00 or the level will be breached before 2023?

I'm indifferent on the outcome. We are about 4 months till 2023, and the price action in such a small window, does not factor much into the long term chart.

If I'm forced to pick a yes/no option. I'll go with No, as I do not expect us to break such support levels anytime soon.

Nobody knows if bitcoin price will plummet below $17500 or not, but I do not think bitcoin price can decrease below that price. I am lazy to do more searches this night, but according to what I have read like some months ago, I think Glassnode report, more holders are not selling at $20000, this would likely be a strong support this time. But if wrong, any loss would be an unrealized loss if the bitcoin is not sold, holding for like 2 years would be a good strategy to make significant profit in my opinion.

The damage will create more fear as the dump still continue to happen and I assume that we cannot see some great changes because many people right now are doubting about bitcoin's future especially that there's no big coming on it. Maybe for now we can experience a not good looking market condition because many are in questionable and there's less people will believe that we will have a bull run on next following month.

The next 2-3 days gonna be a crucial one to determine whether are we going to continue the dump or enough the market responding the negative trend on how everyone anticipating mt gox dump in the coming months ... we stuck at $20k level since few days ago and it cannot last for long.

The market seems gonna backup for a while before the mt gox thing officially distributed and we might hit the all time low sooner. Just brace yourself.

No one really knows and this is no some exemption whether you are a professional or a newbie trader because we do all the same thing which is to speculate and make out some analysis basing up on what we do have
encounter in all the years that we've been trading.We didnt even expect that we do able to see 20k price again and going even lower because we've thought that we might be seeing 100k price is a fast pace manner
but the market had proven out that we were wrong and now it do really leaves out that we do make out such analysis from time to time.Decisions made would be definitely be depending
on a trader or someone who do deal up with the market.

The market is not the same as traditional stock market, it is completely different. This makes predictions get outlawed with different positive and negativity around the market. For now the price that fell down to $20k have once again bounced back reaching $20.2k which is a growth in short term. If the market is able to withstand the support level, we can expect slow progress from that point. For now this is good, but I find there is large chances for decline in market in the falling months.

I'd favor indifferent because Bitcoin price is unpredictable and no one knows where it goes the movement.
But I still have positive faith in Bitcoin that will break the resistance and can create a new ATH by next year, there are 4 months left this year 2022 and I think that's not enough for the price to move up IMO, and that's my personal opinion.

However, ain't surprising seeing the market that there will be a new ATH soon because this was already proven and tested that Bitcoin will always surpass the bear market trend, brace yourself and get ready for that moment, the anticipated moment that possibly will happen.

I voted for I'm indifferent. I am truly indifferent to short-term price changes of Bitcoin. I have already been supporting Bitcoin and hodling for years. I survived the 2018 bear market which was a lot worse than this one we are in right now. I remained with Bitcoin when the price fell from $20,000 all the way to $3,000. Now that the price is $20,000, I don't think I'd be bothered to stick with it some more.

The possibility is open for Bitcoin to move to either direction.

There is a lot of fud lately and global stock markets aren’t looking too good. The electricity in Europe is getting out of control, war is still ongoing, inflation is still high, shortage of workers still. Doesn’t look well for risk on assets like crypto and stocks.

Then there is the ETH merge and MtGox distribution which is not looking well. So yes it’s possible it can revisit the low. It was pretty close when it almost went to low $19K earlier.

In summary, if we were in a sort of "normal" economic state (most especially in the US), I'd say that we've bottomed. But since we're in an economic no man's land, there's a good chance that we're going to have a lower bottom.

I voted "No".

Don't think that we will hit another lower low for this year, I think $17,500 is the bottom already for this year. Next year might be different though, so we will see.

As for the reasons, I'm seeing that the bulls will not let it go down again, will maintain the $20k barrier which we did after going below it in the last 2 days. We we have regain the important support so we are good to sustain it. Perhaps the Mt. Gox is still something that we have to look at, but it seems that it is already price it at the rehab could be in fiat and other cryptos if I'm not mistaken.

Don't know for sure, the crypto market is hard to predict, what will happen next, but some speculation does say Bitcoin has decreased this year, but it is not specified exactly what the lowest price is, predicting $15k, $10k and so on, we'll see what happens.

In the rest of 2022 Bitcoin will be able to hold above the lowest price that occurred in June. The market is very volatile. Yesterday it went down and now it's back up. Today goes up tomorrow can also go up again. This means that the market is not easy to predict.
It's a good thing when the market conditions are like that it's a long term buy because the economy isn't good right now.

I would not rule out the possibility of a new price crash, because the terrain we are on now is very slippery and some new extremely negative news can have a very negative effect on the price. In addition, the majority of investors realized that we are in a bear market and that they cannot expect significant profits in the short term, which together with the news of inflation, which is measured in double digits, dissuades the majority of retail investors from deciding to invest in Bitcoin.

Moreover, many will be forced to sell part or all of the Bitcoin they have in order to pay bills that are getting bigger and bigger every month, and this will create even more pressure on the price. All things considered, the current price is more than good, although many are disappointed after they were convinced that the bulls had taken control and taken us to $25 000.

Honestly, I'm indifferent to what price Bitcoin hits. Though my heart is a little selfish that it should go down a little more so I can leverage on its crash to buy certain altcoins I find high now. Beyond that, I'm okay with whatever price I find Bitcoin at now. I ain't perturbed a bit even if it goes down below $17,000 because I know it's going to soar pass its last ATH during the next halving year.

We cannot tell the exact thing that might happen in certain timeline ask by any individual but looking at how the market reacts towards the fuds spreading maybe we can say that there's a little possibilities that it will happen. But maybe the chance are so low because for sure the same other dumps there are whales who's willing to catch the knife and accumulate to fill their bags.

Voted yes as my gut feeling (which has been wrong many times before)tells me that we haven't seen the worse yet and I expect at least one more dump before we start slowly recovering. Having said that, even though I expect BTC to go below 17k by end of this year I am buying at these level (doing DCA) since price is still great and trying to time the bottom is fool's errand.

It is not quite sure, we know how volatile is the market and we can't just think that by tomorrow the same price we are able to see, changes may come always. In fact, we actually think that we even drop more after seeing the $18k in the 2nd quarter but look how the market is being unpredictable, the pumps come and it even stabilized at $23k in a few weeks before it drops again - and this is what we have faced now.

Hard to speculate what will be the price at the end of the year, our lowest is $17k and we are just barely out of it with the current price. If we have like $34k right now or at least doubled the last lows then maybe we might say that we might not see the price go lower. On the other hand, we are just $20k and we still have the last quarter, so many things can happen. Maybe there could be a negative news pulling the price to $16k. So it's better just to prepared for the worst.

I don't think we're going to meet another low and it's going to stay close to $20k either way below or above, so until things stabilize completely seeing the end of the year for things to gradually recover, I'm also not sure bitcoin will go below $12k

An atl is different from a normal low. Maybe there are no more new atl's this year because it's been a long time since btc didn't drop much below 19k again. There was a latest drop but it was only until 19k and the price then recovered by 1k after it.

It's not possible that only a continuous rise is going to be felt so there will always be another normal decrease that can occur within this year and one of the reasons for it is the mt gox that everyone is talking about lately. Following the updates about it can help you out to plan ahead if you are going to sell early but if you are going to buy more then you better accumulate enough money now.

Almost all crypto users today are indifferent in the case of Bitcoin speculation or crypto in general, the average crypto user is confused at this time, many are speculating and hoping that Bitcoin in 2022 will drop at the level they want.

For me, I'm only optimistic for the current development of Bitcoin, of course I have my own judgment to do something about Bitcoin, especially in the field of investment and trading, hopefully my analysis is right.

To this question, from the views, analysis, speculation, predictions of experts in the field of crypto and the market, I believe Bitcoin is lower than you would expect, regardless of the indifferent way people think.

This question is a question of assumptions and question of prediction. I believe that Bitcoin price concerning next year 2023 and the price of Bitcoin concerning this year December 2022 is not dependable or reliable to anyone. But some people will still make an assumption which is not supposed to be in such form. Actually concerning the area of Bitcoin price. I only want to let you know that the price of Bitcoin can rise above seventeen thousand (17k) for now the price is not constant and it's fluctuating.

I voted yes. I think in order for a strong base to be built you need a retest. It’s healthy for the market and helps clear out leverage. With the ETH2 unlock and the gox coins hitting the market, it would be pretty crazy for the bottom not to be retested. Unless a spot ETF gets approved in the next couple weeks, I think retesting the recent lows is inevitable.

I love the way you have explained this part of your reply before taking a side. The ETH merge is one big factor that many people are not talking about despite being the major factor that made cryptocurrencies rise in July. Though it might have been priced already, which might lead to no further effects. Let's wait and see.

I'm with you on this, the weekly chart technical analysis also reveals this clearly.

This is not a matter of being a professional or newbie, it is a personal question directed to everyone. But it shows that those traders did not speculate on this as they have called out $20,000 as a level that the market should not breach, but the level was still hit yesterday as the market bottomed at 19540.00 on the day. Speculation reveals possibilities and we have the wisdom to choose from the most preferred one, so my question here is speculative in nature, specific choices and detailed reasons would be appreciated.

Thank you for sharing your view. But stop believing it to hit an ATH next year, don't believe that Bitcoin will perform magic as the factors causing its current selling will not suddenly disappear.

I don't agree with you, the crypto market has been inculcating into the mainstream of the financial market, so it behaves just like any other asset including stocks. It is all about knowing the factors that are causing a fall or rise through technical and economic studies. Stocks also have their challenges too, yet good analysis will point out the way.

The unique thing if we look at the market is that it is difficult to go up and also difficult to fall, this seems like an ideal price range for anyone, but I'm sure 2022 will not repeat the negative 4 year trend that has happened, and optimistic to touch at least $45k .

We've seen what happened to bitcoin and the lowest price bitcoin has reached but the price of bitcoin can stay at its current level or even increase higher or even fall even deeper. Everything can happen because today's crypto market is very wild and unpredictable. However, we can still enter the market anytime we want, especially if we know when to buy bitcoins again. The important thing is that we should always be careful before making a decision and do our research so we don't make the wrong decision.

No body will really know which direction bitcoin will take next few months left for 2022. This year it was a hard year for it after reaching high levels and even that the price is still strong even after reaching low levels. The chances of getting back stronger are higher

I don’t think Bitcoins will fall anymore.
I mean the recent manipulations in the price was due to the big whales penetrating the market for their profits.
But now on BTC has crossed 20k usd mark and tomorrow also new month starting, so basically the price won’t fall as can be seen.
If you haven’t purchased and waiting for a better price, then you might regret later, buy BTC less than 21k usd and I am very much confident that at the end of the month you will see a great and steady profit.

There could be 20% chances for having lower lows again this year and as per remaining 80% of chances, we may have $20k as a stronger support forever which means we may never get chances to breach into below $19500 levels forever. Unfortunately December or January month is known for low price of 4-year cycle to happen. But, in this cycle, we did not have ATH on December hence low also may not happen on usual month as per my guesswork.

I remember there rumours about getting into $15k to $12k levels hence some people might have been waiting for such prices to enter. I agree with you that we may not get chances to break the low price here after. We just need to go for DCA to avoid later regrets.

I think there is a slight chance of Bitcoing hitting somewhere around 15000 dollars but there should be some terrible triggering news for it to happen. There is huge support in 20000 dollar level for sure but it was easily broken couple of days ago. I feel like we may only see 1 or just 2 more dips this year and there will be bull market period following it. This is my overall wild guess about Bitcoin's price movements.

If we look at Bitcoin has always failed to rise above the $25k price in the last few months, and several times dropped below the $20k price.
This means that worse things can still happen this year, as you said Bitcoin could suddenly drop to touch the price of $ 15k. If that happens
it can make the market worse and panic selling will happen again, therefore I really hope Bitcoin will never drop to the price of $ 15k this year.
My advice instead of us thinking about the lowest possible price Bitcoin will reach, and that only makes us even more hesitant to buy Bitcoin right now,
it's better to just focus on collecting Bitcoins. Because after all Bitcoin is the best cryptocurrency and always recovers no matter how low its price drops.
It will provide more benefits for us if we focus on collecting as much Bitcoin as possible from now on, we can imagine if Bitcoin suddenly recovered,
then we would make a big profit.

I'd like to believe the price of Bitcoin won't go below the support level, however we know in crypto anything is possible to happen and there's no certainty in every prediction.

So I would yes it can happen, it can go lower further because there's no happenings or news that can influence the price to move upward. There's still an economic crisis that can affect the people on their decision to invest in crypto since there are other things to be focus on. Anyway we still have few months before this year end so lets see if there's a huge changes that will happen.

I'll go with a no.
2023 might not going to be bullish either (most likely) as the global economy is still suffering from brutal inflation. Once Bitcoin will have a recovery next year it would be more likely to just hover around $30k. However, Bitcoin could drop below $20k as well.
We can't really have a definite conclusion, but let's see what comes around for Bitcoin next year. We are just merely giving out our prediction base on the past and current situation.

My wish is for that thing not to happen. Keep the resistance at this level and promote Bitcoin more in different platforms so that it's value won't go down.
Because once another dump happens we can see a lot of negative speculations again and FUD will spread more.
This kind of outcome will not just affect Bitcoin but it will plague thru all the altcoins that is out there. So it better just stay on it's path while we are waiting for our economy to go back to normal or even just near it.

After testing this year's low, there were a couple of times when it looked like we were going to go down and pierce a new low but we did not. I don't rule it out as impossible, but I see it as very unlikely, as the price is cheap, and the lower the price goes below 20,000 USD the cheaper it looks, so more buy orders are triggered.

In any case, in the unlikely event that we were to break a new low, I believe that there would be a quick rebound to the 20,000 USD area or higher, because of the above.

Did you consider the strong bearish signals on the monthly and weekly charts of BTC before concluding on this decision? Please, check. As for me, there is nothing encouraging a bullish trend for now.

Try to use higher charts for your analysis to avoid mixed speculations.

You might want to be concerned if Bitcoin goes down below $17,000 this year. This means that it must have breached the low of June at $17,625, which is also the low of 2022. This will be disastrous for Bitcoin as it might be aiming for lower levels around $10,000 after this breakout.

You have explained yourself well, and I like it. But gut feelings, instincts and the rest are alien to quality trading, you should avoid them. Yet, I agree with you that Bitcoin is under pressure, and this might remain till the end of this year.

I advise you to work more on your technical analysis, it will help you to be definitive in trading. It is strange to me to read from you that the market is unpredictable when I always know what the market does every day through technical studies.

You might want to be regularly visiting my topic on the daily speculation too: https://bitcointalk.org/index.php?topic=5410763.msg60805590#msg60805590

Well, I always like to keep a positive mindset while looking at Bitcoin price charts. I ain't talking as a maximalist or something; I speak from an objective assessment. Having watched what Bitcoin has become since coming into this industry, my opinion is that whatever price Bitcoin dips to it will surely rise and surpass its previous ATH. BTW, I don't see anything disastrous even if Bitcoin goes below $10k.

Bitcoin development today continues to decline, has reached the level of $ 19,900, this indicates that the decline has entered a percentage from before, My speculation states Bitcoin this year's lowest level could occur 'yes' I believe the end of the year will experience clarity for the actual Bitcoin price, lows.

I am very well aware of the fact that you can't trade on gut feeling or luck (its basically a gamble in that case) and that's why i gave up in trading all together few years ago and instead focused on hold and DCA which works like a charm.



I don't think that bitcoin going below ~$17k would be disastrous at all. Sure, it wouldn't be nice, but that's far from disaster level. For me personally, as long as we don't reach levels lower than previous cycle low (slightly below $3k) we are good.

If you look at the current market situation I am pessimistic that the price of Bitcoin can return like in 20221, we must always be realistic, early August when the price of rising and almost $ 25k, unfortunately there is another selling pressure that makes the price of drop again.

It's now the first week of September. Bitcoin's market price is still pretty good as it's still trading at $20.1k. If the sales level is high in August, then in September the same thing will happen because of the needs that must be met every month. Of course we all hope that in September there will be something that can bring happiness to Bitcoin.

Bitcoin price update (2 September 2022) $20,176.51.

What year is actually 20221? If you speak of 2021, we may not see that ATH of $68k+ (which has lost over 70% in dip now). If you speak of the ATH in 2022, we may easily get to that before the end of the year. You shouldn't wear a mournful look when it comes to price dip for Bitcoin. Times have proved how more reliable Bitcoin is compared to other cryptos. Stay positive and that's being realistic.

Well for me at this point anything is possible when making a price predicton for Bitcoin.  I suspect many of us thought the price per Bitcoin would fall much further below 20k and we are very happy it hasn't.
I'm not the biggest fan of making negative BItcoin price predictions and I am still Bullish so I will say no to your question at the current point.

Even though the price hasn't been able to go up to $25k yet, you have to be optimistic about waiting and buying more bitcoins because, who knows, there will be a surprise from bitcoin that could make the price increase higher. Month after month goes on and while no one knows when the price of bitcoin will start to increase, it will increase at the right time. Although selling pressure makes the price fall, the price can still increase even though it is not too high but is enough to take profits. And if you can repeat it, your profits will be greater. So stay optimistic and keep trying to make a profit.

People predicting for heavy fall is just basing for fear indicator they see on bitcoin but actually its hard for it to dump for more knowing that many people are there willing to do but backs and support bitcoin from falling so I guess we will not go below $17k which is worse case scenario. But rather we might comeback to above $20k on next couple of months.

For investors who have succeeded in selling Bitcoin at peak prices, they must consider the decline in Bitcoin prices not something negative,
because they can buy Bitcoin again at a low price. As for investors who buy Bitcoin at peak prices, of course the decline in Bitcoin price looks
negative and not expected. This means that depending on the situation of each person, so it is very natural that everyone will give a different
opinion about the decline in the price of Bitcoin. But many people agree that the Bitcoin price decline is only temporary, because Bitcoin will
always recover if the price drops.

So actually if we buy Bitcoin at peak prices we don't have to worry, as long as we don't sell Bitcoin at a low price and can be patient holding Bitcoin
until the price goes up again, looks like it could eventually turn a profit. So there's no need to focus too much on thinking if it turns out that this
year Bitcoin will still drop to a lower price, and we don't need to panic, we just need to focus on collecting more Bitcoins. So when the Bitcoin price
finally recovered and went back up, we can enjoy great profit.

After we entered September or 9 months and the price of Bitcoin was only 1/3 of ATH that had happened, I thought the price of Bitcoin would be difficult to rise, as happened in 2021, even I was very grateful if the price of Bitcoin returned to $ 30k because it would be Many Altcoins will follow the positive trends of Bitcoin.

Even in the midst of global economic uncertainty and high inflation so far this year, I don't think the bitcoin price will ever hit the low of $17k again. I am optimistic that this year, although there may not be a bullish trend, at least the bitcoin price will be stable above $20k.

For me, it will hold, the lowest price of this year which is $17,625.00 for me is just a wick from the strong support of $20,000 level of Bitcoin which I can consider significant support because this was the top of the previous bull run around 2017-2018. So for me, I will not expecting Bitcoin again to create another new all-time-low.

I am afraid Bitcoin might likely get to hit another low again as there is some bad news surrounding it, some not relatively direct crypto news but globe news. Examples are the ongoing war in Ukraine as Russia is likely to go wild, while on the other hand, is the CPI data yet to be announced by the US on cometh 15th of this month. Let's hope they both come positive.

According to the predictions, the CPI is likely to decrease from last month and if so then we won't have to worry about this drop but we still have 2 big obstacles ahead. That's Mt.Gox's bitcoin release on the 16th and the Fed's rate hike later this September, hope that CPI falls and so the Fed will not have to continue raising rates aggressively but instead expect rates to fall.

It is possible that bitcoin will not be able to hit the low this month but from here to the end of the year it is difficult to say. The world situation is still very unstable, the risk of recession in December when Europe officially bans the import of Russian oil, will make the supply continue to be scarce, most likely leading to another round of chaos for the world.

Apparently, we have no reason as well to think negatively because the market is still healthy despite the drop in price. Usually, we have this bear season after the market surge last 2021 and it was the time to face the bear season, perhaps, already experience this before. Thinking negatively hasn't resulted positively but more often it will also result negatively.
Just like you, I remains positive with the market but I was also prepared to what gonna happen next.

I don't think it will go down lower than that because some of my friends who know how to analyze bitcoin prices said they would go up before the end of this year, usually the bear market will only last a few months, no more than that.

The first rule in investing is don't rely on other people including the self pro claimed experienced trader or investors, now you're already failed. I don't believe anything about your friends, if they're really good to analyze Bitcoin price, let them create an accounts in this forum and open a thread about price prediction, we will see how many correct or wrong prediction from your friends.

I think the global economy is returning to normal and inflations are getting lowered again. That might be the reason why crypto prices are now recovering and by that I too don't think that 17k will be seen again. Those who bought at that level are lucky while I feel sorry for those who got greedy and didn't buy because they think the price could dump more. I like how simple you are.

It's okay for you that btc will be stable at 20k as long as it doesn't dip lower than that but don't lose hope just yet. There's still enough time for the bull run to occur and maybe it's starting to form right now since bitcoin's value is rising consistently these past days.

Bitcoin's future movement might be wishful thinking, but nobody can predict it. Regardless of what you've done in the past, adjust yourself. Few sold their positions in the hope that things would get lower, but unfortunately it did not happen. There are more and more signs that the system is becoming difficult to trust; this might just be another trick to fool people and revive retail FOMO. As of now, we do not have any agreement with Bitcoin that 17k will never be seen again or that 20k will remain stable.

Price of current market is still affordable and I think market will be starting to rise again in the early November. In my opinion, current stage is the last lowest amount and day by day it will be growing. So if you have deep intension to buy then it is the right time to enter market.

I agree, Bitcoin future price is very unpredictable.  Nobody knows what will be the price of Bitcoin in the next week, all we know is that the market is currently at the bear market so anything about price going down is  likely to happen.  But of course we cannot remove the fact the recovery trend of Bitcoin since it only need good news to change the current trend of Bitcoin market.

It is clear that whenever we drop, we find a way to recover and that would be pretty similar if we have any other drops in the future. Because, we do not want to see bitcoin low and whenever it drops people see that as an opportunity and they buy more which makes it go back up. Look at how quickly we recovered, just a few days at under 20k and then we are above it again.

I am guessing eventually people will be tired of selling and when those sellers are tired we are going to take over and we are going to end up with a recovery for sure. It is not going to be easy, but it could be done and we are going to end up with a good return when that happens, we just need to wait out the sellers.

If we look at the last 90 days chart, it can be seen that the price of Bitcoin was between $21000-$22000 and has remained at the same position till today. Bitcoin price will not change during this crypto winter. There is no chance of Bitcoin price going below $17500 and on the other hand there is no chance of going above $25000 within this year.

that's why we avoid sharing with everyone and only I use it alone with the team for bitcoin price analysis not all of our analyzes are also 100% big profits so it's also necessary to keep emotions in trading, I'm just giving advice from my thoughts I don't oblige people to believe with me

Yes,there are still opportunity to buy Bitcoin as you want in this bear market and hold because I don't think the price will still decrease more than this before it will increase higher for those that bought few months ago to get ready to achieve massive income from bull market. I think, there are some signs in the market that show that there will be massive pumping any moment from next two month that will help both long term investors and short term investors to smile again. I guess, it will be difficult for investors to miss this opportunity in this bear market to buy and hold for a bright future to come, because it will be difficult for investors to experience this low price again in the market.

I'm afraid it is really happening ? or happened ?  21,000-22,000 in 90 days? remember that we dropped down to 17k last month and there are many chances or occasions that may bring more damage in the prices as there are so much bad news and negatives to happen.
the previous bottom is 17k level , and now it seems that we are going down below that level again and may be more lower because the trend is coming bad this year till next.

Then you are not a good investor. You should not be a blind Bitcoin lover, it is smart to know when it will buy or sell so that you can plan your investments accordingly. This does not mean you don't love Bitcoin, you are just being smart about its trading and holding.

If you know the true principles of trading, you would know that breaking a year's low is disastrous to any market, and Bitcoin is not an exception. This is not a bluff, it might record another low that might amaze everyone.

This is speculation, it is not an affirmation that it must happen. Anyone dealing with BTC should learn this, they need to be a good speculator of how the market behaves and what it might do at a certain period of time. This is the rightest thing to do, rather than being optimistic all the time. What if the belief fails? The protection of your investment should come first.

You are missing a lot of facts here, have you forgotten that many things can cause the fall of Bitcoin? Dumping is not the only thing that can cause the fall, many people might hold it but futures traders might sell it. Which will still cause a fall because of the negative sentiment in the market. Not to talk of the inflation news that is not favouring it?

I'm rather indifferent to it, but with the current state of the market, it wouldn't be odd for it to go below it. So far though without any stimulus, I think we're still going to hover at the 19k,20k levels. It can also be seen that most dumps past 18k are almost quickly recovered so as long as it isn't a big deal kind of stimulus, then the chances would still be pretty low, though not impossible. I don't think anything would happen even if it goes below it though, probably just a better entry point for investors by then.

Well, that's the thing, I am not trader (like I mentioned in my previous post) so no, I wouldn't call it disastrous as I am into this for a long run so I don't really care whether bitcoin goes more down. I would  of course prefer it goes up, but if it doesn't, it will give me more time to get cheap bitcoin.

Thinking of it, the only pro crypto trader I know (this guy is living solely off trading for years) actually prefers bear markets as he is pretty good at shorting so I guess real traders don't care much, as long as there is some action going on.

I also believe bitcoin will not go above 25k this year but if we talk about bitcoin has hit a low I don't think so. In my view, when it comes to the effects of events like the energy crisis or inflation, things are much worse. With the release of the US CPI index yesterday, showing that inflation has not shown any signs of decreasing, the reduction is considered insignificant for the Fed not to raise interest rates too high. If interest rates rise as expected up to 1% later this month, that will be news that sends all markets in the red and we could hit new lows from there.

We have been running for more than 9 months and the market continues to decline compared to the position of the initial price of the year, but the thing that makes us optimistic is that the price will return to $ 20k when dropping below $ 20k, the most important thing is we focus on long -term goals and I'm sure in 2022 Market can rise even though it is not significant.

As of now, the bitcoin price is still at $20k but briefly touched $19k and then bounced back up again. Hopefully, the price doesn't go down to $18k or even lower, although the chance to go down is still there. But if that happens, we can do nothing but hold back and buy bitcoins again.

Meanwhile, we've already seen bitcoin price reach $17k as the lowest price, and we still don't know if it's the lowest price after hitting a new ATH last year or if it will drop back below $17k. In addition, many speculators say that the price of bitcoin could reach $15k, especially if negative news about bitcoin appears, but hopefully, that doesn't happen.

Because $20k is the most important support that we got, the last time it was broken, we went to $17,500 the lowest low for this year. And then we have a dip of $18k as well, but after that it bounce back to $20k and then to $22k. And we've seen in the last couple of days the impact of the CPI and now we are hovering that support line right now. So for now, I will say that we will not any price lower that $17,500 for this year. But we might be just around $20k again before another break out run at the start of next month.

I don't think we'll see a new low. Though the US Fed continuing to raise interest rates each month for probably the rest of the year will likely keep Bitcoin under $25k this year. And of course it is possible Bitcoin briefly charts a new low but unless something really bad happens I don't see it happening.

I expect early next year we'll see Bitcoin breaking out of this bottom range and heading to $30k in the first 2-3 months of 2023 if not sooner.

Yes if we see the past graphs, then it’s strong indicating that market will rise again at the end of October.
Those waiting for more low price, then let me tell you my friends that, Bitcoins can start climbing up any time, so if you manage to buy anywhere below 24k usd, then consider yourself as lucky.
Nevertheless Bitcoins will struggle in this price segment for few more weeks. Once it break the resistance, then we will definitely see an all time high in it’s price.

As much as we don't like the current scenario we are experimenting this is the most sensible prediction, there simply doesn't seem to be any kind of room for an important recovery, so the best we can expect out of bitcoin is a sideways market and even that kind of market conditions are unlikely because of all the negative factors that are surrounding the economy and bitcoin in general as well, so the only thing that I can hope for is that whenever we see a further reduction in the price of bitcoin is that is not as bad as it could be.

It certainly feels like Bitcoin has followed the general trend economy downwards, but the worst times are yet to fully hit. When there was lots of cheap and readily available money, people got carried away and poured it into these risky assets. Now the belt is tightening and crypto simply has not been around long enough to show that it can weather a recession. Covid was a bizarre case and the financial crisis occured a year or two before bitcoin was even created. It feels like we are yet to see the lows that are coming as people need to cash out.

I hope that the lowest price that has occurred in 2022 is $ 17k not happening again, seeing the trend that occurs in the market I am optimistic that the price will be in the range of $ 20k to $ 30k, the most important thing is now to focus on continuing to buy before bull run, Successful investors never think pessimistic.

I'm sure a lot of Bitcoin holders hope Bitcoin won't drop below $17k, because if the price of Bitcoin drops below $17k, there will be panic.
But no one can guarantee that Bitcoin won't drop below $17k this year, because after all no one knows what the lowest Bitcoin price will be
this year. We can only predict the movement of Bitcoin according to our own analysis, which is not necessarily accurate. So from that instead of
stressing about the lowest Bitcoin price, we better do something positive by collecting as much Bitcoin as possible. We do have to be optimistic
about the future of Bitcoin, and don't worry if Bitcoin finally drops below $17k. As long as we don't sell our Bitcoins at low prices and keep holding
Bitcoins, we haven't lost. After all, Bitcoin can always recover every time it experiences a price decline, so as long as we are patient holding Bitcoin
in the long term we can make a profit from Bitcoin.

The price that got close to $19k have not got pushed and are nearing $20k. Here Bitcoin will try to have its support level above $20k. This week we've reached the low and in the upcoming week this can go even low. The market is completely uncertain and something good in terms of adoption and real time usage in large scale will trigger the market to bounce high at the lowest time gap.

Larger picture seems to over ride the smaller swings back and forth.   We are caught on the 200 week average and viewing the 200 day average decline from some distance.  Perhaps these two measures need to be closer before anything happens, as both are slow movers we will be waiting some time.    We are not negative so much as sideways in conclusion

https://talkimg.com/images/2023/06/12/AIJOG.png

Successful investors take into account every single possibility and then act based on the best strategy they have available at the time, while it's obvious I don't wish for the price of bitcoin to go any lower anymore the reality is that this is something which it may happen, and as such we need to be prepared for it, this way if we happen to see a drop which makes the price of bitcoin to go lower than the current low of this year we'll not be surprised by it and instead of panicking and selling our coins we may take the decision to buy the dip instead.

I know that people are worried about the lows constantly, but the reality is that when we drop, we hit a bottom and then go to heights that we never did and then make a profit from that. I am not saying that we are not going to reach under 18k again this time, because we may do that, but after this bear run is over and we start going up again, we are not going to go down to these prices.

Imagine the situation that last time we had bear markets, we dropped FROM 20k and into as low as 3k levels, and then we reached 68k ATH, we dropped TO 20k, that's how bitcoin works, we will probably go to 100k+ levels next time and we will drop to 60k levels next time, it will be a huge drop, like 80% drop and will be to 60k, that's how bitcoin cycles happen.

Starting to feel like we may see new lows this week. Lots of bad news seems to be in the pipeline and support is buckling right now. Even though you know it’s coming, these bear markets show you no mercy. The question I think is on everyone’s minds now is how low can the price go before it turns around. I suspect the next volume spike will answer that.

It is obvious you understand what the market is doing rather than those holders and traders that are too sentimental about only the bullish trend of Bitcoin. I voted for the hitting of the low of June immediately after I opened this thread/poll, and the feasibility of the market hitting the level is surer this week. The reality is there as the weekly and monthly charts remain bearish on the Crypto.

However, my bearish sentiment resumed last week Tuesday, and you might want to check/review my daily speculations at: https://bitcointalk.org/index.php?topic=5410763.0

You are right, Bitcoin gained during Covid-19 surge, and this helped it till today. The pandemic made it gain more popularity and adoption while inflation was still nothing to the Crypto then. But the situation has changed, which is caused by its adoption by financial institutions, Defi and others. So, this forced it to be behaving like the real market, while its asset class is risk-on. Risk-on assets will always fall when there is inflation and uncertainties around the world's economy just as we see today.

You are not just right about what you wrote here. First, Bitcoin will surely hit $17K soon, but I am not sure if it will break and hold below the level for a long. Second, don't misquote the successful investors, they know when to buy and sell their investments, which makes them successful. This is why they are good speculators rather than always being hopeful that their investment must yield. They always plan their risk management properly.

You have expressed yourself sensibly, and I appreciate this a lot. No one should be a blind trader or speculator, we should be acting based on what we realize the market is doing. For now, it is all negative for Bitcoin, it might fall beyond what we expected.

You had better learn how to speculate the market properly rather than using the analysis of this picture attached. It will make you lose if you don't confirm it with other strategies.

Sure! The year low is more feasible than ever this week, and I voted "Yes" last month. I have the assurance that it would be hit before Friday. The CPI news of Tuesday has slipped the market back to the bearish trend, and I alert BTT members even before the news was released. You can read it here: https://bitcointalk.org/index.php?topic=5413398.0

There will probably be a new low this week when the Fed meeting will be held tomorrow. CPI announced last week did not decrease as expected, showing that the economy is still unstable. Most likely we will see the highest rate hike this year, I see many predictions that the Fed will raise rates to 1%. This helps the USD strengthen, other assets such as gold, stocks or bitcoin will continue to witness another round of dumping. Investors will continue to choose USD as a safe haven asset in inflation.

Although it seems that the global economic situation is a bit normal, that doesn't mean the next phase of bitcoin's bull run is imminent. On the contrary, where the price of bitcoin has continued to decline recently, even though in early September there was little hope that there would be an increase where the price of bitcoin was above $22k. However, I am optimistic that the bitcoin price will not drop below $17k and will remain stable above $20k until the end of the year even though the current bear market is not over yet.

Global economy still shows no signs of returning to normal, bitcoin continued to fall last week as CPI did not fall as expected and yesterday bitcoin fell below $19k on fears the next Fed rate hike will take place on September 20 and 21.

Many expected the Fed to increase 0.75% instead of predicting 0.5% when CPI fell in July, with this move meaning that the world economy remains volatile and interest rates rise too high could lead to a global recession. It is impossible to predict whether bitcoin will bottom or not yet, but can confirm to some extent, bitcoin this year will be difficult to grow, the target of $ 30k year-end for me is also becoming more difficult now.

the all time low in 2022 was $17000, and today Bitcoin is trading at a price below $20000 again,
to be precise in the $18000-$19000 range, of course there will still be another dump if negative sentiment comes again,
we have to be careful, my advice if want to buy Bitcoin and Altcoin, just wait for confirmation, maybe early October

I don't think, the price of Bitcoin will still reduce more than $20,000 before investors will start experiencing bullish season in the community, because there are some signs that show that the price of Bitcoin will increase higher soon. I think, it will be favourable for anyone to buy Bitcoin  and hold to watch because the price of Bitcoin can hit higher for those that bought when the price was $17,000 to start releasing their coins to make a passive incomes from their investment. I believe, bullish season will definitely show up before the end of this month of September, because the price of Bitcoin has moved from $18,000 to $20,000, showed that Many investors will smile  when the price hit $30,000 next week.

We never can tell what direction Bitcoin price will go in the remaining 4 months in 2022, Bitcoin price is hard to speculate and that is why you should position your portfolio in a way that whatever the outcome maybe you will still be in a fair position at the end of the year.

Bitcoin has seen worst market conditions already this year and the $17k price was dip enough to be the lowest level Bitcoin could fall back to in this season, but then again anything can happen so we shouldn't base our argument on that but if I must also choose I will choose no as we already saw the worst market price stage at the moment.

Who will confirm it if someone wants to buy at a moment of decline like now ?
I think everyone wants to buy at a cheap price and not many people will want to confirm it because when someone is wrong in giving advice to others, surely he will be very embarrassed and attacked by other people with words he doesn't want. So it's better to consider it yourself to buy anything because every job always has risks that must be understood from the start which doesn't have to blame others when things happen beyond our expectations.

I think that soon we will see where the bitcoin price will move because it is impossible for the bitcoin price to be at a certain point for a long time. as we know if the price of bitcoin has been in the range of $ 20k for quite a long time. if it moves down maybe we will see bitcoin reach the point of $17k or even lower, but if it moves up it's likely that the bitcoin price will be able to reach a price above $25k.

This is the best time to buy any cryptocurrency that you want to buy because bitcoin itself have the tendency of corrections anytime, so we don't have to wait until the time comes concerning Bitcoin, i believe that bitcoin is something that i believe that can be easily be invest on and have very big return or profit, if we experience a bullish market, so the price of bitcoins in 2022 never increase to our expectation, which i believe that. So since the price is in state of downstream, it's the time to purchase more and invest.

Easy to say on buying but doing the actual action would be hard because it cant really be removed on someones mind that the price might go even more down.Right? Even into those people
who do have right experience or enough ones wont really be that too much confident in speaking with these kind of decision.Remember with year 2022 comes in then lots of people in the community
had really that kind of belief that we would really be having a good or bullish market on year 2022 but it turns out to be different and that what makes people do really that too hesitant
on buying because of those presumptions of possible things that might happen unexpectedly but well it is really just a normal thing.

If bitcoin calculated from the ATH position that has happened, of course the price of bitcoin has dropped by almost 70%, many analysts say that the 4-year negative trend is repeating itself, and this is what makes many people worry and choose to sell even at a loss.

What's a 4 year negative trend by the way?
Analyst is no different than speculators who's constantly predicting Bitcoin's next price movement. They aren't reliable and it's not even in the slightest chance of accuracy.
If a short bearish run would worry someone who owns Bitcoin and always have the thoughts of selling before anything else is getting worse, well I'm afraid Bitcoin is not for him.
Those "many" people are just looking for a short term high return and expected at the wrong side of Bitcoin.

Low Bitcoin price this year is at a price of $17.5k, of course that price is still very achievable,
because the Bitcoin price is still bearish, you can see in the market that the price of bitcoin is currently experiencing a dump of $20k,
and is now trading at $19k, for now it's clear we have to monitor it and have to put a stop lose, because if we lose $17k then $10k might come

If we are talking about the whole journey of btc, btc have improved a lot but if we are talking about the this year only, I think it also improved but it is only a little because it is lowest this year was around $16k but as of now, btc is sitting at $18k. It's not that it only gained $2k after it dipped there but it also rise above $18k though we can't disregard the fact that btc is a highly volatile coin, that it can lose most of its gains if it not some.

We are already at September and I think we already touch $22k last week. Maybe you mean is if it's possible to end this month with a $22k price. Well, that is always possible as btc have been on this price many times before. For October and onwards, I am also optimistic about it since this was the final quarter.

That is why it is smarter to always have some crypto and some fiat or at least income that you could use to buy more. That way you would be invested, but if it goes down then you would be able to buy some more with that money, if it goes up then you are in crypto and make profit. This allows people to be ready for both sides for sure, doesn't mean that it will always be like that, but it means that we could at least do something about it.

Profit is never guaranteed in the crypto world, and when it is deciding time to do whatever you need to do in order to make money, it is much better if you could end up with something much better in the long run, be ready for any possibilities.

Check this sequence, I wasnt sure if it was declining or with negative bias but now I think we just made a higher low and it could turn out nice if completed.

https://talkimg.com/images/2023/06/12/AIvxP.png

Points to note would be we did not trade lower then 61% of the prior low to high and also we approach the weekly average on this 4hr chart.   So we have both that recent high and the weekly average to give us a good hint as to strength in BTC price action at this time.
   If we fail this test then by all means take the resolution as negative and expect a further bias downwards but its a fair measure seems like.   

It won't below $19k now, and it seems there is a selling pressure on the market. Not sure what is the reason for another -2-3% decline in the last 24 hours, but it seems they know something about the fed rate hike that can affect again the market short term.

So who knows, we are in the bearish mode, the sentiments are down. I guess $15k might be the first support line before we can break even lower.

Bitcoin's performance is never the question and it's even consistently improving since day 1. It's high volatility in a daily basis is the proof that Bitcoin market rather performance is healthy and improving.
Now, talking about Btc price, in contrary  to your belief, I don't think Bitcoin will hit somewhere near $40k this year. Let alone $30k, as we are now experiencing a long bearish run. This could be similar to the 2018 bearish run.
Global economy is also struggling. Most people probably would stay away from investments as the income is reduced.

When the global economy is in abatement, there is a slowdown in investment-based platforms. Just a few days ago, a US report said. Next year 2023 the world economy will go through recession. Since then, there has been volatility among investors. And in this situation there is no chance for Bitcoin to rise up. Due to which Bitcoin is falling into a long bearish condition.

September 20 Bitcoin rose above $19K price after the previous day Bitcoin price was below $19K. September 22 or today from the daily chart, the low price of Bitcoin is at $18,290.32 and the high is $19,674.63.
The struggle to bounce back from the downturn is still going on, so please understand.

Bitcoin is in price decline and we should not be affected by the market price situation. It should be realized that a lot of technical analysis is provided by experts regarding the decline in the price of Bitcoin, but holding Bitcoin for the long term is something that needs to be done.

It should be understood by those who are still not familiar with Bitcoin, but for people who have been familiar with Bitcoin for a very long time and have taken more profit through Bitcoin in the past. It is clear that they will understand the condition of Bitcoin at this time because they already have a love for Bitcoin if they have to release it at a low price like now.

Obviously it has to be done because those who already have a love for Bitcoin will definitely hold Bitcoin for the long term, at least until the desired price target is reached if they really have to release Bitcoin back into the market before buying again in a downturn.

I believe it will unfortunately not be over anytime soon neither. Last time we had such a crisis it was end days of 2008, we have been going through it for a while now so we are not there yet, but it took nearly 2011 to 2012 before we could go back to normal, which means that it could take as long as 2024 for us to start healing and 2025 before we see strong economy.

It will have to be grinding for a year at least, and that means 2023 will be very hard, between inflation followed by recession not that many people will have money to invest. Most of the world will have to work towards making sure that they are surviving and not making bigger debt, not investing.

It's already visible that bitcoin is staying under 20k for a long time now.
I think it has a good possibility to hover around 40k if not 45k by the end of this year.

I think the lower lows of bitcoin pre-2023 would be around 15-16k US dollar.

So bitcoin hovering under $20k is not a good sign. I mean it's getting close to the lowest low of $17,500. So there is a big possibility that a negative news can affect the market and pushes it down.

But as far as $40k-$45k, I doubt that it will move like that in the next 3 months. We will remain bullish all throughout. I don't like to sound very negative but it seems this is what we are moving right? So just monitor and be vigilant and learn how to take advantage, learn when to buy more.

If they still believe that this 4 year negative trend is repeating itself, why do they even want to sell at a loss at this time because if they believe in the trend. So they also have to believe in the Bullish trend which also occurs every 4 years in Bitcoin. And they should have waited very patiently for it to be able to sell because of profits and not sell because of losses as in current conditions.

The problem is in the belief in what the experts say and also in the patience that everyone has at this point. Because they can still survive without selling Bitcoin at a cheap price as long as they can still eat and drink for every day.

I think the opposite, $40k target by year end is a pretty high expectation, even $30k is very unlikely and we will have a bottom of 15k-17k by 1Q 2023. Because then the Fed's interest rate will almost reach the maximum level if they continue to maintain an increase of 0.75-1% from now until the end of the year. Things will not get better while the Fed raises interest rates and the economy is likely to go into recession, Bitcoin and all other financial markets will only recover when the economy shows signs of recovery.

Unstable global economic conditions have made the crypto market slump. In particular Bitcoin has dumped approximately 70% of the ATH price. I think 2022 is not a good year for crypto. I predict Bitcoin will close at a low of $15k this year. The market has not stopped to continue to dump. We pay attention to the chart, more experienced a decline than at the pump.

They are basically aware that holding Bitcoin for the long term is the solution, but there are certain conditions that force them to sell when the price is falling. It could be because of economic difficulties to meet urgent needs, considering that the world after successfully getting out of the virus is again dealing with global problems and efforts for world economic growth.

from the choice questions the op asked, I've obviously voted "Yes", and this seems to be the most choice. why I chose it, I don't think it's clear there are indicators that make me feel confident, that there will be changes to improve soon. because since the beginning of June this year, the movement is clearly seen to continue to decline and can't go back again to reach prices above $30K.
so it's possible to hit a low level is possible, but it's actually to create a jump, so that it can start moving upwards at the beginning of next year, and will continue until the halving passes.

Ups and downs are very common in crypto crypto currency or we call it's religion. In any circumstances it can go to down to it's lowest level. Many investors may be waiting for the more dip but that moment may come or not. Since the current bearish affect the whole crypto market it will be proper time to accumulate more assets, In this concern DCA method will be consider as good strategy.

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

Maybe September will end with a price below $ 20K or another possibility can also happen, namely the opposite. $19K is not the lowest level for some experts in assessing market activity. So don't be surprised if many are still waiting for the price of Bitcoin to drop to a price below $18K.
I don't want you to follow the results of many expert analyzes, because they are not necessarily accurate.

If you look at the way the market is collapsing, it is not unusual for the price of Bitcoin to go down further in 2022.  But I think Bitcoin can create a good resistance zone between 17k to 20k and use it well later. But I also think that current situation also a good dip for long-term investment if anyone can invest now and can hold for 2years then I think he could easily earn 2x or 3x profit.

We still have 4 days left before we end this month of September and the price now is currently at $19k. It can be clear that the movement of the price is moving upwards therefore I believe that we can break $20k in no time and then the recovery will continue in the month of October. $19k is really not the lowest. We even reached $18k and $17k last time.

It's fine if they can expect lower than those numbers because here in cryptos, not all of us are the same and can unite when it comes to price predictions. If we don't have a prediction on our own I think we can just follow on what the majority is seeing/saying, as that can be more likely.

Bitcoin tries to keep the support level at $19k, failing it can make bitcoin reach down to the previous all time low of the year. The market is completely unpredictable, and now price of bitcoin is around $19200. Weeks back price is predicted to go down, but the support level got maintained. There is more chances of downward movement with bitcoin considering the year end bullish move.

Your points are so valid, but might not cause the persistent pressure on Bitcoin anymore as the mentioned factors are well priced-in. I was with a bearish view on Bitcoin until the last days of September, I am no more a bear. My decision was not because the market is bullish in the long-term disposition but for the fact that Bitcoin is already low, and institutional buyers and holders are queuing at lower levels to help it buy. This is why Bitcoin would try to sell after breaking important support levels, but would still not be able to maintain the selling until the buyers would take over in short-term disposition. This should continue for the rest of the year.

In all of my recent analyses, there is no strong or even valid support at $19K, you might want to explain better on this if you have strategies to back this up, let us learn from you. The level was just a coincidence to see the price of the market around it. The most valid support is now at $17,000-17,500 and might be defended by the Bulls as long as possible.

Frankly, Bitcoin might find it difficult to breach the level for the rest of this year, but will still might not make a tangible bullish run till 2023.

Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.

What are the indications or things you do consider as a reason on why we would be having that recovery for the end of this month of October?
For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.

For people who do trade up for short term, then it would really be just important on making up such sudden decisions.

I don't like the situation whereby if the price of Bitcoin drops some of began to understand it in different ways, actually it's quite understandable that bitcoin price always get increase or Arise whenever it experience low value, using last two days as an illustration, when it's red, it do experience positive reaction as resurrection within interval.

It is moving like a roller coaster in the first place. It moves up and down depending on the market supply and demand which really affects not only Bitcoin but also the entire crypto market. If we have a long experience in the crypto market, we no longer get surprised about the situation because that is what we usually experience. As we are experiencing bear season this year, this will surely change in the coming years. We have a so-called market cycle and that is certainly comes whether we like it or not.

I decided in September that I would not be supporting the bearish trend of Bitcoin seriously at least in October and I am not changing that for now. The reason is that the market might not be so bullish but it is actually defensive and might be causing the sellers to lose if they persist in holding their positions. A lot of buyers are at the lower end of Bitcoin price, so they will continue to defend it higher from $17625-19000. This makes me suggest that the October market might be bullish overall.

Nothing is "really strong" here and I dislike people making references like this when they don't have a valid reason. So you are telling me that all Octobers of Bitcoin would ever be bullish? You might be right about the short-term trend because I am bullish on it this December but it's clear that you just guessed with no valid reason.

The obvious answers are right in front of the trading chart unless you do not trade Bitcoin at all. If anyone could see the 4H and daily chart of BTC, such should immediately know that the market is bullish this week. And this might be the preparation for it to maintain the bullish ground for the rest of October, or for the majority of the days of the month.

Bitcoin will be stable between $18k to $25k and will not drop below $15k,
I believe that because 2023 there is a possibility that the bulls will start again,
just like a few years ago where the bears will be 1 year.

I guess if we see $22k, then I would definitely agree with you about signs of moving positively. However, the price goes on a correction and dropped below $20k.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

OP, I basically believe that eventually the increased selling pressure will push the bitcoin price down for a while. Price corrections always occur lately so this pattern makes the bitcoin price sideway between $19K to $21K. I'm not sure where the lows are this year, but I agree that prices could hit their lowest this year if the worst case scenario occurs.

Yes, $20K is close so it probably won't be hard to hit even now that the price correction is happening. You've seen it achieved but then come back down, this has happened over and over again during this time.

If we look at market conditions, we deserve to be optimistic if prices can still return to $20k, many analysts believe prices will continue to drop because of external conditions, namely inflation that occurs in almost all countries, if October is still stable at $20k there is hope for it to rise again in the following month.

I don't see any relationship between the market and Elon buying twitter. Bitcoin's current rise or fall completely depends on the economic situation, inflation, energy crisis and news related to Fed interest rates. It can be seen that inflation has not decreased but also increased in the EU area, so the possibility of bitcoin's price increase in the last months of the year is definitely not there. But in a bear market there are always short-term rallies and this October we still can't expect bitcoin to recover to $22k or $25k before falling again. It doesn't make much sense to long term holders but to short term speculators it makes a lot of sense.

There is always hope for those who are willing to be patient in facing this difficult situation. Because the increase and decrease in Bitcoin in the market will continue to occur as long as there is still demand and supply in the market. That is something that cannot be avoided, especially if more and more people are liking Bitcoin. It is certain that the price increase will occur again in Bitcoin.


If Bitcoin can stabilize at a price of $25k- $28k within this year. That is a very extraordinary thing in my opinion, because in this year it is clear that a lot of people have bought at low prices and are waiting for a price increase to occur, although some people are not waiting for a new ATH on Bitcoin. But if the price of Bitcoin can stay in the range you say it is, there will definitely be more people who are happy.

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

If his profession as a big investor in the crypto space is indeed a good moment like now, but for ordinary people who are not investors or just people who are able to buy in small quantities, they can only be patient waiting for the Bulls to come again and I personally believe that the next Bullish will not be present this year.
Because market conditions are still at the same level as last month.

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022. But before that, I have to assure you that $20K - $30K is also very likely to be expected. The current bear market will not last forever, market recovery is expected but of course we are always in two possibilities so speculations about the future of prices are being discussed all the time. I don't expect the price to drop to $15K for the rest of the year, but who knows.

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

We're into the final quarter of the year. The market movement is happening within specific range. There used to have uptrend at the year end growth. During the time of covid-19, entire world suffered bad economic condition and slowly started to recover. By the time war, oil crisis, food shortage and different issues arose and it ended up on hard inflation. Every year is challenging, as we don't know how the market progress/decline takes place. However at the year end there used to have a bullish move which can be the sideways movement to have little profit.

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.
Because the market doesn't show any positive movement, even in the past few weeks the price of Bitcoin has struggled to rise above
the $20k price. Moreover, the condition of the world economy is not doing well, so it's only natural that the demand for Bitcoin decreases
and that can cause Bitcoin to drop to a lower price. Even if the Bitcoin price has dropped to a lower price, we really don't need to panic.
Because if we study the crypto world well, we definitely understand how Bitcoin works. This means that we know how deep the price of
Bitcoin falls, Bitcoin can always recover and the price rises to a higher price. Therefore, the step we should take is to buy Bitcoin every time
the Bitcoin price drops lower. Because by continuing to accumulate Bitcoin, then when the market recovers we can generate large profits.

Its not looking good today, we appear to be failing the trend.  I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action. Im not sure it has to mean a similar low seen prior in 2022, might even be worse but my outlook is negative with this development.

https://talkimg.com/images/2023/06/12/AITjH.png

Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue.   If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

No one should be optimistic yet about Bitcoin, such might be disastrous. What I could advise is for everyone to always reanalyze the market on the daily basis, which is the only way we will not make mistakes. The Bitcoin that was bullish yesterday might be bearish today, so we have to be careful and dynamic.

Bitcoin was bullish last week but has slipped back to a bearish trend since after Friday. This is a good development for the bears and it might last for the rest of this week according to my long-term analysis. The bullish enthusiast should, therefore, wait for now.

Of course, the bears rule the market in 2022, and might still dominate till the end of the year. The market has been bearish since 2021 if you look carefully at your chart, and it is however better that we remain firm with that view in the long term. But we could regularly adjust our stances on the short-term outlook.

It could be a warning to you that Bitcoin is not yet ready to buy as it is hesitating to rise much when it has bullish opportunities. It might be confined within $25k and $17k for the time being (throughout 2022), so we should all get used to it and make out opportunities within the levels.

Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again.

I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k.

I agree that it's not as simple as people make it out to be, I am not saying that it is an easy thing or a difficult thing and what not, but it is certainly something that is not as easy as "there was war" because there are a lot of details of that war, and it's not as simple as "there was inflation" neither because of details.

USA got into Afghanistan and out and nobody really cared, that wasn't the war people cared, this is a war where west vs Russia happened again, and that's a big deal, that detail is important, we had inflation but many people failed to work for months, and failed to pay stuff without help from printing trillions, so it's not just that simple.

Support is strong at 19,000$, but it is unlikely for now that bitcoin is going to surpass the 20,000$ resistance line and keep stable above that price. At least that is what most recent tendencies show us, because as soon as btc approaches 20,000$, the price suddenly and sharply falls down to the support level.

Unfortunatelly minor news are maintaining bitcoin's price downside, while what we need in fact are positive major news to change the tendency upside.

I guess this year is lost already. Maybe next year holds a brighter scenario for crypto (I hope so).

Bitcoin closed September with a low of $19.573.43 and $20,109.85 being the high. October 1, we opened the price is also not much different, namely $19,431.10 and until now Bitcoin is still at a price of $19,078.50.

But take it easy seeing market conditions because we admit that there are some obstacles that may be being faced that make Bitcoin's movement slow down a bit than we expected. Just manage finances to add to our future investment portfolio. That's probably one of the best ways

Are you sure you didn't mishear, bitcoin is down 70% and all altcoins are down 80% to 90% but we are not in a bear cycle yet. If what you say is true then those people really have an extremely optimistic and admirable spirit.
Maybe we haven't hit the bottom of bear season yet but it can be said that this year is really a bad year because we have had to go through a lot of bad events in the world. I hope everything goes by quickly and that 2024 is really what we look forward to the most.

The biggest obstacle for Bitcoin's progress is now inflation. And the Ukraine Russia war is responsible for this inflation. So no green signal will be available as long as this situation is not changed. Moreover, the trading platform is never stable. If there is no good conversion, it must go to the down. In that direction, it seems that the market may be dip again.

October won't be much different from the previous month I think it's still the same thing with prices below $19k because it's not too much to expect an increase even though some say with UPTOBER it's still far from possible to see bitcoin go up again, trust me bitcoin still in a prolonged bearish period with no time limit.
I wouldn't worry about falling market conditions, for example, I'm more convinced of the opportunity to increase my portfolio in these easier times because I'm not looking for trouble just thinking about where the price is going, so it's more important to increase the addition of Bitcoin regularly now.

What does "share the lost Bitcoin with users" mean? Can you explain it in full here and provide news about the rumor here? Because I never thought that within this year there would be a distribution of Bitcoin to users who had lost Bitcoin. Although it is clear that inflation exists and is currently happening, so that it does not only affect Bitcoin, but also other assets and currency values are experiencing the same thing.

it will always happen, my friend, because right now the whole world is in an economic crisis because of very high inflation, which causes purchasing power to continue to fall and decrease. many countries could not avoid the attack of this crisis and even the World Bank estimates that next year is the peak of the crisis will occur.
so I agree to always continue to be careful the possibility that bitcoin might go down again even though it won't drop drastically below $10K.
there will always be a tradeoff from falling prices that there is an opportunity to save more but it must be remembered that the bull market season will certainly be long.

Inflation could be part of the slowing down of Bitcoin. There is another more probable cause, namely the CPI report. The increase in inflation that occurs could be the last thing according to the observations of the Federal Reserve.
Today, the Bitcoin price chart in a matter of 24h has also increased from $18.3K to $19.8K. A normal situation in my opinion amid the inflation problem that occurred.

What is conveyed is only a study that I got from several readings that I read and of course there are many other sources with a stronger level of accurate data.

Worry need not be too big when looking at the current situation. Only long-term hold will make us safer. We'll see, maybe there will be a surprise this October.

Yes, inflation is a big factor that is affecting the risk-appetite Bitcoin and will continue to do so. But I don't agree with you that the Russia-Ukraine war is the sole cause of it. Bitcoin has been falling due to inflation before the war, it only aggravates it.

As much as I love to support the selling of BTC because of inflation and the economic woes around the world, things are now changing as BTC is not ready to break some lows anymore. I was a core supporter of the crypto hitting the 2022 low at 17625.00 again, but the situation that unfolded in September made me change my stance. I am now neutral on it hitting the level until further notice.

You are right, just like what I just replied in a comment, BTC can't do much this year again unless there is an event that really shakes the crypto space. But such an event will hardly happen, it's inflation that is affecting it and it is nearly priced completely for the year.

don't sell make sure you hold it for the next 4 years, because if you sell it now you will definitely regret it later,
we have entered the last phase of the season, hopefully early 2023 there will be good news for crypto currencies and of course bitcoin can return to $50k.
because the bulls will return if $50k is passed and Bitcoin can reach new ATH $100k? yes it will happen!.

I am bullish and I am not really keen on waiting, realize that bullish trend people do not really worry about it when it is bearish. Because, when you want bullish but bear happens, you can buy more and wait for the bull to come, the opposite is not possible.

If you are a bearish person and it goes up, you missed your chance, you have to wait for it to come down again and up again, we wait only the up, they wait down and up back to back, which is a lot harder and takes a long time. We had a huge crash, from 68k to under 20k, it’s not really shocking to expect it to go back to 60k+ which means that there is a good chance I will make 3x profit, I just don't know when.

a lot of crypto holders have the same sentiments as they strongly believe that in the near future, btc will have good market performance. if you are long enough in this market, you won't think that btc will reach its end rather it will go stronger. and with that in mind, you will think that the price will increase in the coming years. we may be stagnant with the increase this year, but there's hope in the coming years as adoption is growing stronger. but thinking of the low price level this year, we can't determine if this will happen or if we will get out of this before the year ends.

Price action is struggling to break upwards right now so I would guess no.  From the depths of Thursday BTC recovered to challenge once again the weekly average and rising trend for the last couple months.  The fact its still trying to ascend upwards even if we are under the ice, we may yet break back above and regain positive attitude in BTC price charts.   
https://talkimg.com/images/2023/06/12/AImoC.png
4hr bars are probably the best concise way to state a trading movement.  Its not positive but still struggling, more then one fish caught got back in the sea despite appearing to have lost the fight I view BTC quite similarly right now still a rigorous struggle ongoing.

The global economy is not doing well. Moreover, there is a threat of economic recession in the coming year. At the moment Bitcoin is not simply bullish but have the possibility to get long bearish. Again, there is a big risk of losing money if Bitcoin is sold at this time. The most reliable strategy at this time would be to buy bitcoins and hold them for a long time. If Bitcoin investors follows a 4-year cycle then of course it would be profitable.

Looking at it now?


the record shows that for about 52 weeks now that this is the lowest and that happened  4 months ago so maybe that is the lowest we can get till the pump happens in Halving?

Don't sell? What if the market continues to fall? I guess we should be careful with the advice we give, we should rather encourage people to speculate for proper guidance on what they have to do. Some people had mistaken others this way when the market was still higher, yet it sold heavily. Regular speculation is the key, BTC could surprise anyone, though I'm beginning to be bullish.

Well said! I'm not a fan of some practices by many BTT members, which includes some of what you explained, yet I agree that it is time that it started moving higher. The crypto has probably bottomed already for 2022 according to my long-term analysis having sold from the 2021 high of approximately $69,000. This might be a preparatory ground for 2023 in which I suspect a bullish focus by investors and traders since the inflation that mostly caused the fall has been priced in already, it has done its worst in 2022.

This is a piece of good advice for long-term investors, but 4 years is too long for regular traders, it is the holders that could be that patient. When I consider the things of BTC, I consider it in both HODL and futures trading. For HODL, you have advised well, but for futures trading, I will advise swing trading, for now, good support and resistance strategy that detects early swing patterns should be able to guide any trader as the year runs to an end.

and will still hard to take another increase , we are closing the end year yet the market shows no response in much awaited growth , not about ATh but at least  half of it?

there are so much to expect from bitcoin but the thing here now is how high can we take as 17k seems to be the lowest .

it is clear that inflation has occurred and it is estimated that it will have an impact on the development of the world economy, many countries will experience a crisis due to this. interest rates will obviously increase as a result of this crisis and will also affect the price of bitcoin, many of which can no longer afford to buy but will most likely continue to hold it and will sell it if necessary.
this situation is certainly not good news for bitcoin, bitcoin will wait until the halving period which hopefully coincides with the crisis passes.
but as a colleague said that there will be a bitcoin distribution it seems I also have never known about it, hopefully there will be enlightenment on this.

I guess -70% in a  bitcoin bear market is just normal, although for first time users who haven't seen a bear market, it might be a concern and really having a hard time digesting what is going win, and yeah, it's really damaging for them.

But for us who have seen it already, it's just a mental thingy for us. Just keep on grinding every day for regular traders and then for average joe, just accumulate and wait for the next bull run. And if by chance we see another lower low for this year then good for us as we can buy at a discount.

Good clue! $17k might be an abomination to be reached by BTC this year. I thought the level must have been reached and even breached between August and September, but here is BTC holding firm above it. The market had done worse on the bearish side this year, I hope for bullish moves afterwards.

You are right, a good trader and investor must keep their minds neutral about Bitcoin and other cryptos, they should have the mind that they could buy or sell. It is the moments of their buying and selling that we should be sure of through our regular speculation to know the ide we should take. We should not be only calling 'Buy' simply because we love crypto.

This is not normal my friend, let us be realistic. If you have a company and its shares fall about 70%, would you call it normal? But let's hope our optimism of it rising back becomes true.

To some analysts, they can see an uptrend that is forming but until now the price was still very low. I don't know if it was only delayed so let's give it more time and maybe there is still a chance for the price to rise before we end this year. There are also people who talk about the all time high and says that $100k or more is possible to achieve this 2022.

It's kinda crazy but who knows? Maybe there will be a lot of skipping in the price that will happen. Anything is possible here in btc anyway. For us, we do have lots of expectations in bitcoin but for the others, they decided to be silent for a while because btc disappoint them many times before.

there are lots of things to happen and the sad part is that Bitcoin seems to be lowering this end of the year, we are almost in November yet the price stays stagnant at 19k so what are we looking in the coming days?

the last 2 months before the final days of 2022 but we are still in the process of trying to break 20k so indeed , we are so much low by now that bear might happen again late this year.

It would help if you don't doubt the Bulls again this year, I have rest my case on the further bottoming of Bitcoin in 2022 judging by how it performed in August and September. Although the expectation of as high as 100k is outrageous by anyone, it is better to limit any bullish run to the maximum of $35k. Still, I don't expect Bitcoin to reach that high anymore this year. What is important now is our regular speculations to adjust our updates on it, nothing else, the coin has divided speculators more than ever.

When the thread has been created were in the 3rd quarter of the year. From that time we have reached the price around $18400 as the lowest. Further some price speculation took place and the market is in a better position now. Now we're in the last quarter of the year and got into November. This month's market movements will show whether we'll have a downward market or end up the year bullish. Holiday spendings over the end will cause market bounce than decline.

A good end of the year is expected especially regarding the price. I wouldn't worry too much about how bitcoin closes the year, it's never been a problem. I just want to sit back and get as many opportunities to buy bitcoin on each drop as I can afford, this is even more likely for me to worry about.

As far as what I want to say, bitcoin is the most potentially profitable investment in the crypto world. Anything can happen, and I think we're bound to expect the same. Regarding the price, I think it can go down, up or sideway, but the most important thing is to take advantage of the opportunity.

We have had a difficult time that made many users panic, the price has dropped below $18k and in my opinion this is the lowest position, we can see that when the price is low there is a very large transaction volume that makes the price go back to $20k .

Finally, Bitcoin has put the prediction on this thread to rest, the coin hit the low of this year once again on Tuesday. It was as if the low would not come into force anymore, but for the fundamental crises that plunged it to break the well-preserved low of June at 17625.00. This was as FTX's future was shaking and the fear of insolvency compounded when it reached out to its rival Binance for liquidity help. This shocked the market and it has not yet recovered from it as it's still holding below $17k at the time of making this writing.

OK, we both know now bitcoin has hit a new low this year at $15.5K. Apparently Binance and FTX played a role in this downturn cycle, but I hope another low won't occur for the rest of the year. I just imagine that $20K is still very possible to close the year and my investment now will be much more profitable. I believe this will never be true forever, but the panic I think will subside soon.

Currently the bitcoin price is $16.7K, but I wouldn't be very surprised if bitcoin still has the potential to lose its price due to the growing panic and negativity.

It is difficult to predict if bitcoin will not record a new history for the lowest price in the rest of the year, we can see movement patterns and negativity with various attacks of issues, so if the role of FTX does not find a solution to increase trading liquidity and prevent all the problems experienced then bitcoin price would definitely be lower than $15k, but I'm not saying worst case market because I just deposited additional funds for a new portfolio investment.

The way bitcoin price is going now I don't think that there is only one that is expecting it to go increase up to hundred thousand in value, the value of cryptocurrency is poor so i believe that cryptocurrency value is something we can on our own have the decision that anything it comes out we take it like that.

I'm sure that the price of Bitcoin immediately exploded after reaching the lowest position, and according to the prediction of many experts that the possibility of prices will drop below $ 10K, of course this makes us panic when the price is below $ 10K, but I will continue to buy when the price is below $ 10K , this year's moment seems to repeat some of the trends that have happened so that it makes us prepared to immediately buy.

Maybe you did not weigh your response very well, there is no way Bitcoin would get back to a historic low anymore, it has gained adoption and recognition beyond that. What it could do is hit more bottom in a single year, but going below $0 (historic low) will never happen again. And in the current dispensation, I, as an experienced analyst would not believe that Bitcoin would hit $3000 ever again. No one knows tomorrow, but the adoption would be getting better, so it would be pushed higher before selling too much.

I think that this year there won't be a $10K price drop, but if next year is possible, why next year and not this year? of course this is always questionable, because predictions that the world will experience an economic crisis will start next year and obviously this will also have an impact on crypto. because all will refrain from spending their money on interests other than basic needs where indeed all will spend on a priority scale.

I concur that while the price does continue to fall and if it does get to $10K then it is an opportunity to continue to be able to buy and hold it until the expected boost season after the upcoming halving period.
indeed there is still quite a long time for improvements to occur and there is always the opportunity to continue buying if you do have more funds.

How can you say that the bitcoin price will drop to 10K in the next year 2023? I think the bottom of the market will be made in this year and if i am not mistaken bitcoin fell to 15800$ and this could be the bottom for this bear market.

Yes, bitcoin can fall below this level but it needs another big bad news. So nothing can be said perfectly but in a normal situation, if there is no bad news, I think we have already found the bottom of this bitcoin bear cycle. All the fundamental indicators indicate that bitcoin should go up from here and we also hope bitcoin does not fall further.

at the end of the year or at the end of this year, I think btc has reached its lowest level of decline from ATH in 2021. if you look at this market cycle, this is a fairly deep decline that has occurred this year because the cypto industry was hit by 3 kinds of big problems, the first was the war between russia and ukraine  and the second is the fall of Terra luna and the last is the Ftx case this year. therefore I don't think that the market will experience greater turmoil if it is not accompanied by more bad news.

next year or 2023 I think big changes will happen in next year maybe the positive thing we hope for is mass adoption that is happening in several countries besides that we are getting closer to the halving in 2024.

in about 20 more days we will enter a new year, namely 2023, it seems that in the last 20 days there will be no significant price movement from bitcoin and that means at the beginning of 2023 we will see the price of bitcoin not far from the current price. as you said if the bad world economic conditions make it difficult for bitcoin prices to move up and no one knows for sure when the bear market will end.

For sure there are other factors which contributed to the market downfall such as interest and capability of investors to engage with this technology given that many people are struggling with daily expenses. The market price is determined by the demand as we all know. So how will people create a damand if they are not capable to invest due to circumstances? For next year, we're not yet sure but I hope things won't be the same as with 2019 wherein the market was stagnant for more than a year. So what's having a bigger chance right now indeed is year 2024 wherein 2nd halving is expected which could boost the morale of investors.

Today the market is red again and makes it even more difficult for us to expect too much, even if the price has touched $20k in the rest of this month then we should be grateful, of course we have never thought of a market like this, especially if we see in 2021 when the price reaches more from $69k.

Are you wondering what is happening with bitcoin? I think as someone who has been in the market long enough like you, this drop is normal. For me, I think it will be even worse now, bitcoin price is still very high. I predict bitcoin will drop to 10k in 2023 and you better prepare yourself or you will be shocked again.

It has even gone below your predicted request. Experts are predicting that it will be below 10$ but that is not possible in this year again but probably next year. The bull market is predicted in next year. Both the bear and the bull is favourable to one another because what is good for one is bad for another. This bear market is good to buy and store while the up coming bull market is good for selling. That make bitcoin a trading asset.

I don’t think Bitcoins will fall further. I mean we have already seen the low price of Bitcoins. And Bitcoins won’t fall further until another bear market. You can compare the previous graphs during this year. This is the time when BTC gains it’s pace and rise high. So at this time guess Bitcoins will hit below 10k usd is actually not believable. If you are waiting for the best price to buy Bitcoins, then it is now my friend. Don’t be greedy and buy as many coins as you can. In the early months of 2023, you gonna love the profits.

The price of $ 17k occurs almost 3 weeks sometimes goes up but never reaches $ 18k or sometimes goes down but not far from $ 16500, if we pay attention to trends like this then I'm sure that the market is immediately rising, trends like this have often occurred and usually not up to 6 months The market will skyrocket again.

BTC opened 2022 at $46,000 and seems to close the year at $ 16,000 by the end of the year. There is a big difference. I guess no one expected this at the beginning of the year. We've had a lot of big events that will hurt Crypto in 2022 and i think the $16,000 levels are really good despite all that stuff. With the recent FTX scam and crisis, i felt like they were going to pull the plug on crypto. Despite this, Bitcoin has shown how solid it is. There are 15 months left until the halving takes place and i think that upward movements in prices will begin in the next 6 months. I can say that bad events have been overcome and good days are waiting for us. Please make your investment decisions of your own free will. All this is not investment advice. Just my thoughts.

Two days after you made this post, Bitcoin immediately went up to $18K, and I did see it although I don't know if anyone else has seen it in the market, because the price of $18K in Bitcoin only lasted for a short time this month. Even I personally was very happy at that time and kept hoping to go to $ 20K again, but unfortunately the increase stopped and did not reach $ 20K. The rest is as you said where the Bitcoin price is under $17K and still the same as it is today. Here is proof that Bitcoin has moved up to $ 18K in this month.

https://i.imgur.com/ZySCWOQ.jpg (https://coinmarketcap.com/currencies/bitcoin/)

In 2022 there are about 7 days left and in my opinion there will be no significant surprises, maybe the price will be like now, which is around $ 16K to $ 17K, and I think the best thing in this situation is to continue to buy, I'm sure the market will immediately rise in 2023 so that It becomes a good thing if we can take advantage of the moment like today.

You are right, that only few people noticed it including me but those who spot it (mostly the traders) are lucky if ever they are looking forward of selling some of their BTCs for a small amount of profit. Maybe that was also the reason on why the price plunge again in an instant?

Other reasons would be is that it's some kind of a trap to lure people to buy, thinking the price will start to recover again because the month now is December so most of us are also expecting that something positive is going to happen. BTC price currently sits at over $16k. Many people are still going to buy even if there are no positive signs yet for now because they believe there will always be in the future.

Just counting the days, 2022 will end soon and it's been a bad year for Bitcoin, so far there is no sign that the market will be bullish again, and I believe that Bitcoin Value will remain in the $16-$18 Dollar price range, no whether wasting this opportunity, everyone is taking advantage of this great time to buy and buy, keep saving for future benefits. and this is one of the old tricks, buying at low prices and selling at high prices, this trick is very effective in use, everyone uses it in terms of business.

Actually we will not know the market conditions in the future, no one can predict the market conditions, and regarding 2023 will be a good starting year for Bitcoin, no one knows for sure about this, but this is the biggest hope of all of us , everyone wants to see the recovery of Bitcoin in the next year, anything can happen in the market. May the year ahead be a very bright start For Bitcoin.

2022 is not necessarily a bad year for bitcoin, as he said, we should take advantage to buy and buy bitcoin cheaply, so it can't be called a bad year. With what has happened this year, I am delighted with what I have achieved, but I expect in 2023, bitcoin will have many more declines.



We need to be realistic and look at the economic situation, it's still not stable, and the war shows no sign of stopping. The market is still spreading Fuds about Binance, and the FTX drama is not over yet. So don't expect too much and then be disappointed, optimism is good, but we need to accept reality.

No, we are nearing the end of the year and bitcoin is also slowing down, so I predict we have bottomed in 2022. As for the market situation in 2023, I think we will see declines rather than bulls as we head into the new year. There is no sign that the market will get better in the coming days.

There is a well-known saying "there were neither signs nor show, when the bull begun his run".
Just ask anyone in involved crypto or stocks right now, almost all of them are bearish and thinking of a recession. Ppl have sold everything and the volatility is at all time low already (comparing the last few years since 2018). Wont be surprised to see 30k soon in early 2023 😘

---

Sentiments change overnight in this space!

If you don't think there's a sign of a next year's uptick in Bitcoin, have you seen a lot of signs of a drop in Bitcoin's price over the next year? Because I really can't make precise predictions at certain times for increases and decreases in Bitcoin. So these are the two possibilities that are still hard to tell when I'm still in 2022. I'd like to know what kind of picture you're seeing for the Bitcoin market so say we're going to see a decline rather than an increase in the next year

I don't know what his prediction is based on, but I agree with him, we will end the year with bitcoin moving sideways between 16k-18k almost a certainty. I also predict Q1 and Q2 2023 we will have a new bottom, the reason will be the same as 2022. The external impact is that the world economy will continue to be difficult, the battle will be more fierce when the US increases aid to Ukraine, and inflation is still very high, although it has decreased in the past 2 months. In terms of the market, Fuds of Binance is definitely going to be long-term and there is a chance that BNB will correct sharply, bitcoin will definitely be impacted, and FTX is not over yet. Bad news still surrounds the market.

5 days to go and yes bottom had already reached and the next year will be more lowering that what we have now so basically we must be ready for what to come and yes there are so much bad marketing to come.
I will also look for chances to buy more rather than expecting to sell.

I am not saying that I can make an accurate prediction and no one can give an accurate result. For me, the 4-year cycle is still repeating itself and we are only 1/3 of the way there, meaning we have a long way to go until the bull season arrives. That alone is enough for me to believe that bitcoin will continue to fall, not to mention the Fuds we have in the market.

I really wonder why you think the first two quarters will be a new bottom? It seems to me that the maximum negative things happened in 2022. The FUD about Binance is fabricated and I don't think it will last. Inflation has declined and will probably continue to slow early next year. I think the first half of the year will be positive for cryptocurrencies because the bear market has been going on for over a year. I expect a reversal in 2023 and it is unlikely there will be a new bottom.

Bitcoin price is already going down every time so I believe that the price of Bitcoin can rise again when it has entered don't you today for the middle of the year and October 25 because what I am seeing now from cryptocurrency it's something that is unbelievable so nobody knows when it will rise and when it will not rise again.

The Bitcoin is moving red continuously, it's only two days ago i have that the price of Bitcoin change to increase a little bit, ,but we leaves everything to be next year, because the price of Bitcoin is something that i know very well that can not be changed or reversible, so i believe that as the price of Bitcoin was sixty nine thousand in last two years, it will not increase to reach that point in 2023 the way I'm seeing it.

The death of FTX isn't over yet, the FUD about Binance continues, we're on the biggest holiday of the year, so everything seems to be on pause. I still believe in binance, but the possibility of BNB being dumped is inevitable.
Inflation in the US decreased but remained high, and if we look at inflation in Europe, there is no sign of slowing down, and it is likely to continue to increase in the first quarter, if Russia orders retaliation for the EU's oil price ceiling. Besides, the opening of China's economy will cause a supply shortage, from which world inflation will continue to increase. I am still very pessimistic about what will happen next year.

Many analyzes about the price of bitcoin in 2023 will indeed not touch prices like the previous ATH, although it is possible that this will happen, but we don't expect much in 2023, because in 2023 it will be the peak where difficulties will occur everywhere. I mean if we expect too much it will be a disappointment to ourselves.
We must be more patient to see where the bright season will come to us when the time comes. We better be prepared to hold bitcoin in our wallets before we see a real bullrun happen later. Hold on.

Now that it is 2023, of course we have seen how Bitcoin is doing. Late 2022, Bitcoin price looks very stable at $16k to $20k. There are no big price spikes in 2022. It is possible that in 2023 there will be new surprises with higher price pumps. I think this will happen from next April. However it doesn't hold up well, and there will be higher dumps after that. Some people say this is part of the process towards the 2024 bull run.

It seems to me that in early 2023 the price could easily fall to the low of 2022. So far, only the order number in the year has changed, but the external factors have not yet changed. Right now I see no reason for bitcoin to start rising as the new year begins. It seems to me that a sideways movement at the beginning of the year would already be a good sign. I expect accumulation in 2023. Maybe in the second half I will think about growth.

Actually everyone is praying for big values of Bitcoin and especially the increment aspect, but from my perspective, it has been clear that Bitcoin will have different in this year 2023 than what we had before in 2022, I'm expecting Bitcoin to rise in 2024 not in 2023.

I don't think the process to get to the 2024 bull run will be like that or it will be like you told me, because conditions and situations are things that will greatly affect the course of the 2024 bull run. Bitcoin still needs price improvement in the market and that can only be said in terms of speculation But not for sure. Because everyone still needs to see how the market changes in 2023, especially in the first quarter of this year.

there will be no change that is really expected in my opinion in 2023 it will be the same as what happened in 2022 maybe it will even be more difficult and it could happen if you look at the economic situation which has not improved where it will also be affected by crypto.
so you really have to be patient because it might start moving when you enter the vase the halving period will come, and continue until a year later to print renewable ATH, we are waiting for it even though it might still take a long time.

I believe that everyone saying that Bitcoin would hit the ATH in 2023 is just a dreamer. The coin does not have any view to justify such both economically and technically. As always, there would be unrealistic speculators, but to me, such could only be achieved in 2024, not now.

Bitcoin in 2023 will not behave so differently from what it did in 2022, only that it might not touch the high of the year. I speculate that it would possibly reach around $30k this year, but going above $35k might be impossible as far as I know.

Basically, halving that all Bitcoin enthusiasts expect so much is a tradition, so I will not relate it to what would happen in 2023. No matter what happens this year, there is no way the halving will not do its thing by pushing the price of the coin significantly higher. For now, let's endeavour to make regular speculation to know where BTC would head bit by bit this year and leave 2024 alone to sort itself.

This year has only been running for twelve days, which means it's still not even two weeks so in general, there haven't been any big changes in the market as well as Bitcoin. But you also don't need to be pessimistic about changes in Bitcoin prices and market conditions because it is clear that this will happen as long as economic conditions around the world have started to improve. And everyone can also witness for themselves how Bitcoin is starting to experience price changes little by little.

It should and also be natural not to combine every trip or rarely that will be made by Bitcoin in different years. And I really agree with what you said because I also won't make predictions for next year before seeing how Bitcoin will run this year. So letting 2024 be separate from this year is the way it should be in my opinion.

Don't despair. 2023 started very positive not only for bitcoin but also for other cryptocurrencies. As already mentioned, it's only been 11 days into the new year, and the price of bitcoin is already pleasing many people. I don't know if 2023 will be good for cryptocurrencies, but there is hope that US monetary policy will be easier than last year. Then we could see bounces in all markets.