maydna
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July 04, 2022, 09:34:38 AM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
We will never know if BTC will return to the price of $10k, $20k, 30K or even return to a higher price or the last ATH. If people say that, we don't need to listen, but we must analyze ourselves to find other clues. Who knows if BTC will return to high prices after many times falling to lower prices because no one knows what will happen to BTC. But when the price drops to $10k or says $15k-$18k, not everyone will buy at that price because many of them are still waiting for another lower price. That is why we should make decisions based on our analysis and not follow other people's advice without analyzing. Price expectation from the holders and investors is what decides the market. Their buying and selling are the ones driving the market price. If most of them say $20k is the lowest but whales keep selling below that means whales have the selling power/more selling orders. It's like you can vote with your wallet. If you don't have the money, your word can't decide the market outcome alone.
Don't forget that there are traders who seek to profit from market price differences so they are also those who follow the market. If you don't want to follow the whales, leave the market for a while and don't watch the price move too often because it can stress you out. You better look at the market situation and conditions before you decide because it can help you enter at a low price and buy it.
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Ziskinberg
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July 04, 2022, 11:13:38 AM |
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There are always two sides of the argument. People say the Bitcoin price will go down, and some say it will go up. If we follow the logic of "opposite always happens", should we follow the minority side then? No, Bitcoin and cryptos don't work in that way.
That is because we always got wrong with our predictions, a sad reality. That is why we have to understand how this volatility works. People just assume that they will be right but sadly, we are not. "opposite always happen" that was the theory of those who never accept losses and they blame the market for it. As we are here in the crypto world, we must also have to accept the fact that we can't be all the time in profiting, we sometimes suffer losses and this is to remind us that no matter what we do, we can't predict the market for what next to happen.
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Xal0lex
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July 04, 2022, 07:14:03 PM |
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The $10,000 bitcoin debate has been going on for months. This is typical of a bear market, because the crowd has maximum fear and many people have a trend mentality, that is, if an asset goes down, they think it will continue to fall in value, and vice versa, if an asset goes up, these people think it will continue to rise.
It is impossible to say definitively whether we will reach $ 10,000 or the price bottom will be slightly higher than that, but it is safe to say that if you have free money, buy bitcoin right now, if it falls even lower, buy more, and if it starts to grow, you will start earning on your investments.
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Webetcoins
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July 04, 2022, 09:08:12 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
I noticed that too. Many threads are popping up lately saying that this number is possible for btc but indeed that the more they expect btc to dump, the more the price becomes stable at 19k and 20k range. It seems that btc has a life, I mean it's like a human that knows what the people are thinking and it wants people to get annoyed. If that really how it works, then why not people think the opposite as well? I mean if before they think of the bottom, why not think of the highest possible price this time? Let see if what will be the btc response to this or why not stop speculating for a while? You know, it's also tiring hoping for a thing that didn't come.
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nurilham
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July 04, 2022, 09:58:51 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
So do you think we have reached BTC bottom? Can you explain your analysis? It seems you underestimate the prediction of some people that BTC price may drop to $10k. Well, who knows it? I have no idea about what price becomes the BTC bottom in this bearish season. It is something very difficult to know, even almost impossible to know it. But BTC price to drop $10k isn't impossible although I also think it isn't likely to happen. However, I believe we still don't reach the BTC bottom. There should be more dumps, the price of BTC is very likely to drop more. Don't forget that we are still in Q2 of the first year of the bearish season.
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Ulven
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July 04, 2022, 10:35:38 PM |
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If you can't buy BTC at 67k now is your chance to buy at a discount price, for those saying that BTC bottom of 19,000$ is just a prediction you are wrong because its in the chart that we are at a bottom, its possible that we might fall further but it's not certain as well.
Our role as traders is to read the market and act accordingly. We need to know where the market is headed and decide on a plan of action while it is still unclear.a lot of people are predicting a crash, but there are also economists who predict a significant rally. If you ask someone for their opinion, then you should find out what they think is likely to happen in the market
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Mahanton
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July 04, 2022, 10:45:59 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
So why you do make yourself get affected too much? Its whether you do believe or not then its still your own decision which one you do believe whether its the bottom or not but most of the time people do really love on hearing out other suggestions and recommendations but honestly we are all speculating because bottom is something that cant be predicted by anyone or anything. Lets say no matter how professional a person is but still there's no way on predicting it precisely thats why we should really be that non dependent on others calls when it comes to this manner. Market could only have two paths whether going up or down but speaking about predictable prices then its really that impossible.
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Teraboy
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July 04, 2022, 10:55:08 PM |
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the scenario that you just described could definitely be realized considering that bullish run most of the time comes so suddenly, regardless the best strategy is always to accumulate slowly while also reading the current circumstances of the bitcoin trend. since the trend could change quite literally at within a day, you could just follow the flow and did accumulation on the way.
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Rengga Jati
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July 04, 2022, 11:18:25 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
Let's say that if BTC can really hit $10k, it is as a bonus. But, when we are talking about the drop of BTC price still continuing, this may still happen. There are always up and down so far, still make it up and then make some corrections again in lower price. That is the cycle of the market itself. However, bearish is still continuing and I still believe that the dip is still going on. The question is that is it really Bitcoin going to hit $10k? None knows. That is why we are better doing DCA or even buying by average, step by step in every dip rate. So, we have been got the BTC in every lowering price, this will be wortier to struggle.
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CuriousGeorge
Sr. Member
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KUWA.ai
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July 04, 2022, 11:18:41 PM |
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that could very well be the case but then again if majority of analyst keeps saying that it gonna go below $10K then most of the traders just gonna blindly trust that and as a result, it becomes FUD and the value could go lower than $10K for real. It's just matter of how much majority of the traders and holders out there trust the analysis made by these so called analyst. Though at the end of the day I believe the change of trend gonna comes very suddenly like go against the analysis made by the analyst.
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Issa56
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July 04, 2022, 11:29:22 PM |
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That's what most people whenever bitcoin is dumping, they keep on saying it will dump more so they won't buy at the moment, they want it to dump more before they buy. Nobody is sure when we are at the bottom you might be predicting dump then bitcoin will start pumping so my advice is that we all know that bitcoin is down, why don't you just divide your money into parts and the more bitcoin dump you keep on buying in parts which incase it didn't dump the way you were expecting then you are still having something to hold.
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Shasha80
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July 05, 2022, 02:13:48 AM |
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That's what most people whenever bitcoin is dumping, they keep on saying it will dump more so they won't buy at the moment, they want it to dump more before they buy. Nobody is sure when we are at the bottom you might be predicting dump then bitcoin will start pumping so my advice is that we all know that bitcoin is down, why don't you just divide your money into parts and the more bitcoin dump you keep on buying in parts which incase it didn't dump the way you were expecting then you are still having something to hold.
It's a very good suggestion to buy Bitcoin gradually, because indeed we all do not know where Bitcoin will move. Many people predict that Bitcoin will continue to drop to the price of $10k, therefore some people will only buy Bitcoin when the Bitcoin price is at $ 10k. Even though there is still the possibility of Bitcoin going up suddenly, because after all the movement of Bitcoin is very volatile and very difficult to predict. Instead of regretting that we missed buying Bitcoin at a low price, why not buy Bitcoin gradually as you suggest. So we buy Bitcoin every time the price goes down, that's a pretty effective strategy to use in a bear market situation like now. It's much better so that the profit we make is much bigger, why don't we invest in some coins and don't just invest in Bitcoin only, because it's much better to invest not only in one coin. We have to make a partial investment in several potential altcoins too, so when the bull market comes we can generate much bigger profits.
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lienfaye
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July 05, 2022, 04:11:18 AM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
Thats right. Because no one can exactly predict the next movement of the price. If they're saying the price can reach a certain price, dont easily believe it and have your own research if there's a basis. Thus its best that you have a plan when buying and selling, do what you think will benefit you most. Its not bad to listen to other's prediction however the point is we are not certain if its really going to happen on the given timeframe. So if you have plan, it can help you with your investment.
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Issa56
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July 05, 2022, 10:12:04 PM Last edit: July 05, 2022, 10:27:48 PM by Issa56 |
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Even though there is still the possibility of Bitcoin going up suddenly, because after all the movement of Bitcoin is very volatile and very difficult to predict.
That's how lots of people always miss opportunity, now that bitcoin price is low, most of them are scared to buy bitcoin because they believe bitcoin will still dump more, I can say everybody is just predicting and nobody is certain about the next move bitcoin will make, everybody want to buy at the bottom line which I believe it's very difficult to catch the bottom. Currently whenever am having extral fund I always buy bitcoin at the current price it is and I don't care if it will dump more, because I believe bitcoin is down already and it's a good buy price.
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TelolettOm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2022, 11:28:39 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
What if this exactly happens? Don't panic, mate. haha We know the trust and value of Bitcoin so, even if the price of Bitcoin hit $10k in this bearish season, we still believe in Bitcoin that it is a very good time to buy more Bitcoin. For, we exactly believe that Bitcoin price will be high again and reach more than its ATH
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BobK71
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2022, 11:39:02 PM |
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Everyone is saying that the BTC bottom isn't in yet, this is literally what everyone is saying and most times the opposite of what people are expecting is what always happens in the crypto space, do not sleep on 10k per BTC, it may never happen.
There is nothing wrong with the crypto market. Anything can happen. But I think if the market behaves like this, especially if BTC get down from to 10K, then the market will go into a big bearish. It may take a long time to recover. But hopefully since BTC is down more than 70% this could be the highest bearish. I hope it will try to recover it in the next few days.
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Questat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2022, 11:42:07 PM |
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Even though there is still the possibility of Bitcoin going up suddenly, because after all the movement of Bitcoin is very volatile and very difficult to predict.
That's how lots of people always miss opportunity, now that bitcoin price is low, most of them are scared to buy bitcoin because they believe bitcoin will still dump more, I can say everybody is just predicting and nobody is certain about the next move bitcoin will make, everybody want to buy at the bottom line which I believe it's very difficult to catch the bottom. Currently whenever am having extral fund I always buy bitcoin at the current price it is and I don't care if it will dump more, because I believe bitcoin is down already and it's a good buy price. They are too emotional and easily drag by their emotions. The mindset of a negative person will certainly affect their decision-making, they are in the circle of "WHAT IF". They need to change this in order to change their direction and would help achieve their goal as nothing will happen if we keep this kind of idea. Everyone must put in mind that investing is risky, to start is really hard if we are already negative from the beginning and it leads not to win.
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Psynthax
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 05, 2022, 11:44:49 PM |
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Yeah but it's not always become the truth. I meant you must aware if these days poeple beca very irrational by calling any jumping candle as the end for the bearish trend. The fact that if bearish trend is still continue and by the way. If you are watching it properly and im sure that if you will also aware if market was always doing bull and bearish trap. I will not even say that if bearish trend will end soon. This bearish trend may be still around here until next years. bearish trend become even longer than before.
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