Bitcoin to 13k. FORECAST

[johnwest]

As many of the members have speculated here, the 30k$ support is crucial as well as psychologically important. If that breaks then it will be a Dejavu situation for some holders and they are probably going to sell in order to get back in when there is a bottom. In my opinion, I don't think that BTC will break that support. The feeling is strong with Bulls and we might see a run sooner or later.

[serjent05]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that.  Bitcoin may not fall below $20k for the next 4 months.  Maybe for another 2 years (2023)  or probably the last quarter of 2022.  The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

[ene1980]

As many of the members have speculated here, the 30k$ support is crucial as well as psychologically important. If that breaks then it will be a Dejavu situation for some holders and they are probably going to sell in order to get back in when there is a bottom. In my opinion, I don't think that BTC will break that support. The feeling is strong with Bulls and we might see a run sooner or later.

It is always risky to sell off the coins and think about entering at a later time unless we are in a complete bear market. Right now we are having good support at $30k and hopefully it will be like that for a long time and for over a month we are trying to break the resistance at $40k and if the market is like this for a while and if there is no major sell off then the market will attempt to touch the all time high valuation before the major correction.

[mirakal]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that.  Bitcoin may not fall below $20k for the next 4 months.  Maybe for another 2 years (2023)  or probably the last quarter of 2022.  The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

It could fall if the trend is bearish, look! if bitcoin falls below $30k, that would be the start of another panic, and as fast as we witnessed a pump in the past few months, we could also see a fast dump that is not new to the market. Well, we maybe have a different predictions on the price in the future, but all the possibilities should be taken into consideration.

[Oasisman]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I think it needs more time for that.  Bitcoin may not fall below $20k for the next 4 months.  Maybe for another 2 years (2023)  or probably the last quarter of 2022.  The remnant of Bullish Bitcoin is still there, and probably it will record another all-time high before the market goes to bear season.

Or it could be Bitcoin has it's bearish run already at $30,000 level as a bottom price and $20,000 is the absolute bottom considering the number of institutions coming in to crypto market. $13,000 is still possible in the next 4 months, but judging at the current price actions it doesn't seem like Bitcoin is going near below $30,000 level.
Nobody knows, we are all speculating anyway.

[Slow death]

bitcoin current price: $35000

and why are we worried about $12000? I think we have no reason to believe that the price would drop so low as to reach $12000. We currently have a lot of demand, we currently have more exposure compared to 1 year ago, currently we have more adoption compared to 1 year ago, is it possible for the price to drop? yes it is possible, but we would not see the price drop as low as below $25000

Or it could be Bitcoin has it's bearish run already at $30,000 level as a bottom price and $20,000 is the absolute bottom considering the number of institutions coming in to crypto market. $13,000 is still possible in the next 4 months, but judging at the current price actions it doesn't seem like Bitcoin is going near below $30,000 level.
Nobody knows, we are all speculating anyway.

definitely reaching $13,000 is impossible, I honestly think it's impossible for us to go back and see the price drop to $13,000.

[GeorgeJohn]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The price of bitcoin is getting accelerating to 34k , which we know vividly that bitcoin price does not depends or relay on individual forecast, because all this predictions might fail if we actually follow them, because i come across of many threads where they predict bitcoin price and after which, it doesn't come to reality, since all this prediction usually fail, then i have to stand to the current price movement of cryptocurrency, no need to follow prediction, what we should have in mind is that what normally constributes to decrement of bitcoin is negative information and it really affects the market.

[bitzizzix]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

The price of bitcoin is getting accelerating to 34k , which we know vividly that bitcoin price does not depends or relay on individual forecast, because all this predictions might fail if we actually follow them, because i come across of many threads where they predict bitcoin price and after which, it doesn't come to reality, since all this prediction usually fail, then i have to stand to the current price movement of cryptocurrency, no need to follow prediction, what we should have in mind is that what normally constributes to decrement of bitcoin is negative information and it really affects the market.

Currently the price of bitcoin has fallen again to 32k, and in my opinion the decline will not exceed 30k and if that happens there is a possibility that the decline will continue, it is true that predictions are not always correct and do not mean we rely on predictions because I personally am involved in bitcoin which I need just my belief in bitcoin.
because bitcoin has given me a lot of profit time and time again and i always learn from before that there will be times when bitcoin goes up and gives good profit.
indeed news about bitcoin greatly affects the movement of bitcoin and can also make many people make mistakes, they are afraid that their holdings will run out and become a weak hand which makes things worse.
for me what is happening to bitcoin is normal and will be abnormal for those who are new to bitcoin and also don't know bitcoin well.

[sgbett]

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

That is what I'm speculating alone.

Bitcoin won't see below $20k again if this trend continues. The support is around $28k and if it won't go there then that's a confidence that will be given to me.

But to see that it will go below $20k and near to $10k again, that's an ouch moment to us. 

Where are you seeing support at $28k?

[New.in.trading]

I am only wearing shorts these days And BTCUSD is finally dropping again. I waited quite some time. Lets see if this daily candle can make a new low. Its about time...

[Rajamuda]

I am only wearing shorts these days And BTCUSD is finally dropping again. I waited quite some time. Lets see if this daily candle can make a new low. Its about time...

it does look like it has decreased significantly, but I don't think it will go down much deeper, what is clear in my opinion.. this is a moment that some people can use to buy it

[Mpamaegbu]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

While I agree with you that the crypto industry is a highly speculative one, I also think that $13k forecast is far to the extreme. It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money. I'm looking at the chart I'm sharing and thinking that could be a possible place for a rebound, taking the low of last month as support as indicated by that arrow close to the vertical blue line. The blue line is on the candle that dipped the deepest last month and that was at $29,563 on 19/05/21.

[rhomelmabini]

It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money.

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

[wxa7115]

If the price doesn't go down below $30k in the summer, I think that there will be no way to see Bitcoin coming down that much. I assume that the price will start gathering up after the summer.

That is what I'm speculating alone.

Bitcoin won't see below $20k again if this trend continues. The support is around $28k and if it won't go there then that's a confidence that will be given to me.

But to see that it will go below $20k and near to $10k again, that's an ouch moment to us.  

If we got to see those levels then it will be terrible for the confidence of retail investors, I like many others think those levels are finally behind us, if this is not the case and bitcoin touches those levels I think massive panic will take over the market, and while it will be a great opportunity to buy bitcoin cheap at the same time so many people will get out of the market with huge losses.

And most likely those people will never come back as they are not going to want to experiment with bitcoin ever again after such loss.

[ene1980]

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

It is a good theory but these institutional investors were the sole reason the price rallied to $63k in a short period of time as they were purchasing huge amount of coins even when the price was crossing new boundaries and they could have played this game earlier to try and squeeze everyone out and enter at a lower rate  .

We can come up any theories which might give you inner happiness but we all know that it is not easy to predict when a market will move and the reason why it is moving until we hear about institutional investors investing so and so amount and if the market goes down we always come to a conclusion that is was due to FUD that the market is going down .

[Reatim]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

While I agree with you that the crypto industry is a highly speculative one, I also think that $13k forecast is far to the extreme. It will really be shocking if Bitcoin gets to that abysmal level despite the influx of institutional money. I'm looking at the chart I'm sharing and thinking that could be a possible place for a rebound, taking the low of last month as support as indicated by that arrow close to the vertical blue line. The blue line is on the candle that dipped the deepest last month and that was at $29,563 on 19/05/21.

but with us having this market so far?   https://coinmarketcap.com/currencies/bitcoin/

i think the price of Bitcoin will be keeping the 20k level for the whole 2nd quarter and i believe that until 3rd quarter.

the main problem here is that what we can have in the 4th quarter that will be the deciding season for the whole crypto world.

[zanezane]

Don't be so shocked because this institutional money will try to squeeze the retail investors so that they can get those cheap bitcoins from them. I think so too that 13k was on extreme bearishness when this fall was due to China FUD again. Still, this is huge opportunity again to get cheap BTC as well from these noob investors.

I wouldn't be shocked, quite the opposite because I have enough money in my bag to buy a lot of bitcoins when the institutional investors and whales try to screw over the retail investors. You just have to know their game and try your best to play in their game and you will be able to profit if you are lucky.

[Obito]

~

Being prepared is better than sorry but it will need a million dollars straight dump just to break all the support levels plus the whales that will buy back after they sold. This 13K might happened when death cross on long time frame happened while a series of FUD release at the same time meaning when there’s a planned major attack on Bitcoin consisting of institutional investors.

We don't know if someone is going to do that that's why I said to be prepared when something like this happens because as aI said earlier, you don't want to get caught off-guard when this happens.

[7788bitcoin]

I wouldn't be shocked, quite the opposite because I have enough money in my bag to buy a lot of bitcoins when the institutional investors and whales try to screw over the retail investors. You just have to know their game and try your best to play in their game and you will be able to profit if you are lucky.

The institutional investors and the pandemic has messed the plans of many and you are not alone in this, i did not expect the market to rally this fast after the halving but the institutional investors changed that concept and we have seen huge rallies right after the halving and that too valuations we expected at a later time and the funny aspect is that everyone is crying when the market is consolidating above $30k as support .