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Author Topic: do u think the BTC bottom is in...?  (Read 936 times)
Chainsmokers
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September 23, 2022, 04:06:29 PM
 #101

I think the price of Bitcoin at $18.5 has strong support, and September will also end,
of course October is predicted to be a bullish month for cryptocurrencies,
my prediction is that if bitcoin is able to stay at $18k then there is a possibility that $30k can be reached in the next month,
get excited and keep holding on!
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September 23, 2022, 07:29:39 PM
 #102

I think the price of Bitcoin at $18.5 has strong support, and September will also end,
of course October is predicted to be a bullish month for cryptocurrencies,
my prediction is that if bitcoin is able to stay at $18k then there is a possibility that $30k can be reached in the next month,
get excited and keep holding on!
80% of ATH is the percentage decline that may occur for bitcoin during this year or next year. I don't know for sure because to be honest I didn't do any analysis to predict the price, but that's just a possibility because I don't think the price will go down more than 80%.

I'm considering getting a few more dollars to invest and maximizing the accumulation strategy during this downtrend. I have to consider that because bitcoin is an investment asset with the most potential to go higher in the future. It's all risky, but for something you can afford to lose it doesn't matter to me.

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September 29, 2022, 11:35:52 PM
 #103

Price action just now is acting quite positively, its past the weekly average but has to show it can hold above and accumulate gains further.   I wont really count it as fully positive in terms of a BTC bottm until we are regularly making higher lows on daily bars.   So 21k is a good area to mark off on the chart, its place for possible resistance and also where the 50 day average is residing which is far more a good indication of a positive trending market.
   Dont worry about the bottom price so much just hold on for when 50 day is our lowest point in any range of prices rather then the highest as seems it will be currently for the moment, a test we must pass.

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October 03, 2022, 09:53:57 PM
 #104

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.
In 2022 Bitcoin is more of a bear market. Bull market is not coming this year, it might be difficult for us to see. Because the current market conditions are still in the game of investors. They will make the market drop more to take bigger profits when the bulls start.

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CageMabok
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October 03, 2022, 11:05:22 PM
Merited by fillippone (2)
 #105

In 2022 Bitcoin is more of a bear market. Bull market is not coming this year, it might be difficult for us to see. Because the current market conditions are still in the game of investors. They will make the market drop more to take bigger profits when the bulls start.

If you think of Bitcoin this year as an investor's game, then try to follow the investor's game by buying more Bitcoin at the lowest price or when it is experiencing a price decline.
Since it is investors who play this role to make prices lower, they will also play their role to get higher profits by trying to lure for a pump to occur in the market even though it is a difficult thing to happen, but not so difficult to do.

And another reason that makes Bitcoin still not pumping well is that there is no good news coming for Bitcoin other than bad news for some cryptocurrencies which might be the main result of a price decline in the market. Although I don't think Bitcoin has anything to do with other cryptocurrencies that are below it or lower than it is now.

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dunfida
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October 03, 2022, 11:56:35 PM
 #106

Bitcoin does not have any bottom for now because people he saying that the bottom of Bitcoin is when it reach 10,000 dollars so if it also rich 12000 thousand and 13000 dollars it is when the price falls to the bottom why not knowing that the bottom of Bitcoin is of that particular plant it stayed before increasing
There no such bottom but you could really see on trends and based up on technical aspect but we know that its a never ending hunting of bottom price because we do keep on chasing it whether on a long or short

time frame.It does depend on what kind of trader or investor you are which do comes after for long term or short term.So making out buying decisions or selling ones would be entirely depending on you.
We do have our own analysis and decisions to be made basing on that one.

Bottom or not bottom, there's no way to determine on that particular manner.Market is just way too unpredictable.

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October 04, 2022, 01:12:05 PM
 #107

~snip~.
I don't think there was any chance to returning to 25k in October, cause there is still no green signal in the market, moreover, a good resistance zone is not visible.  But I think Bitcoin will release 25K from the beginning in 2023 although it is not possible for anyone to make 100% prediction in cryptocurrency trading.
MIght say it was hard to reach $25k this month but never I think the chances are close because we still have it.
Maybe you are right, but it was not because we see the green color of the market is just only the indication for the price increase. Bitcoin price will move surprisingly, we never know and besides, $25k is not really far from the current price.

Well, anyway, this is just speculation and we have no assurance for this but I'm still optimistic that this October will at least have some market pumps.

R


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