Bitcoin to 13k. FORECAST

[guy_wonderful]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

[electronicash]

when the support in 30k breaks, there is no stopping there, there are even speculations that it could go 10k. so much good news in the media but the prices takes this dip, you can just relate all these to what happened in the last bear market. the whales are buying all these media to report things and more good news like ray dalio or micheal saylor buys the dip.

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

[Baofeng]

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

I disagree though that a 20% is bearish, January and February alone, we have like 23%-26% drop but we have bounce back and even hit a new all time high. So it's just normal, but a 50% or more is obviously, not the norm, but we have seen multiple times throughout bitcoin's historical logs.

As far as the forecast goes, before we hit $13k, there are a lot of support areas that needs to be broken, $20k-$30k, before we go that low. And it couldn't reach that price is there is no FUD or negative news around.

[Argoo]

it encourages the newbies but not the old folks who knew it too well. bear is bear. a 20% dip is already a bear.

I disagree though that a 20% is bearish, January and February alone, we have like 23%-26% drop but we have bounce back and even hit a new all time high. So it's just normal, but a 50% or more is obviously, not the norm, but we have seen multiple times throughout bitcoin's historical logs.

As far as the forecast goes, before we hit $13k, there are a lot of support areas that needs to be broken, $20k-$30k, before we go that low. And it couldn't reach that price is there is no FUD or negative news around.

However, if we take into account that bitcoin rose above $ 64,000, and now it has a price of just over $ 31,000, then the fall is more than 50 percent. Altcoins, as usual, suffered even more. After today's next fall in prices, they may continue to fall further. However, I don't think the bitcoin price will go down to $ 13,000. If this does happen, in my opinion, it will make it very difficult for the further price growth of bitcoin to new heights. After all, it will not make much sense to invest in bitcoin at high prices, because after that it still falls, although the level of its fall becomes higher compared to the previous fall.

[hugeblack]

Is this analysis because the price fell by 4%? I do not think that we will return to the barrier of less than 19k and if this is resolved, then I will start to worry because historically, the price has not fallen less than previous ATH cycle, for example, the highest peak was about a thousand dollars in 2016 and 19K at the end of 2017.

Predicting levels like 13,000 is too extreme and wouldn't be normal.

[proudhon]

This is an okay forecast, even if it's too bullish by a lot.

[LUCKMCFLY]

I think I must disagree with their analysis, if a BTC fall is expected, but $ 13k seems too much to me, it is not impossible, but there is a lot of large investment which, they will defend at the $ 30k levels, maximum it may be. reaches $ 28k, technical reasons I liked the analysis they did on cointelegraph:

"If this is to prove to be a bottom it would make sense to test the liquidity resting around 28k before bouncing. If there fails to be a response around those prices which quickly recovers weekly support of 32k, then the outlook will be bleak."

Source: https://cointelegraph.com/news/bitcoin-price-nears-30k-as-estimates-reveal-19k-support-floor

In the same way, anything   can happen in BTC, it is necessary to have some patience to see how these events can develop.

[ultrloa]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

That's to much prediction since if price dump for more maybe the bottom of it is around $20,000 nothing deep will came since I believe those whales at who got profit when bitcoin at the peak will accumalate since this is the best price to enter rather than wait for further which is quite not possible for now. Although it has slight possibilities but lets not think about it since it will just add nervous to the people who bought at the peak and still holding.

[SaShiRaJaVu]

No stops as I have no time to make necessary analysis
Target 12400
Current price 33000
Optil 4 months,

What makes you think that the price of Bitcoin would go down in the next 4 months, i am also not having any doubt that we will see a major correction and that we could see a price of Bitcoin coming down below $15k but i have no idea when that would happen because it all depends upon how these institutional investors are planning on what to do with their huge investment.

If you think that you know the reason on why the price would fall in the next 4 months i would like to hear from you.

[acener]

I had my doubts when it started to fall hard from $50K+,
I still have it though I don't think it would be really that bad I am thinking that 2018 slowly downfall would repeat now.
It would fight or climb up a little and stay there for awhile then go down again.
But 2018 and the current price drop is different I mean we now have more support than before so maybe it could now maintain it's high price.

[STT]

13k would be quite bullish a year ago, what made you decide after alot of selling we'd still be up on a two year time scale going forward.   I'm interested on what positives you think are reflecting in the price to result in a net gain during these times.    
  I dont especially fear 13k if thats what happens after some fairly extreme disruption I assume Bitcoin has advantages that are useful in such times and it would seem we gain going forward having done so well when many retail firms could not carry on.  Price right now is quite secondary to long term prospects.

[nurilham]

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. The current Bitcoin is already increasing again about $37k after decreasing about $32k today. With the current pattern in Bitcoin price move, I don't see the chance for Bitcoin price to drop to $13k. I admit big bad news can make Bitcoin declines severely and massively, but $13k is likely non-sense as the next destination of Bitcoin price in the next few months.

[GreatArkansas]

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. (...)

Predicting without any basis or analysis is totally bullsh!t, especially we are talking huge numbers here, a huge percentage of price change. It is extremely non sense at all if you predict without supporting explanations or analysis.

Speaking of $13,000. It is really possible, probably if we will see again a huge FUD, it could be easily reached in just short period of time.

[bittraffic]

Predicting levels like 13,000 is too extreme and wouldn't be normal.

Yep, it is too extreme. Predicting is okay, but it must make sense. (...)

Predicting without any basis or analysis is totally bullsh!t, especially we are talking huge numbers here, a huge percentage of price change. It is extremely non sense at all if you predict without supporting explanations or analysis.

Speaking of $13,000. It is really possible, probably if we will see again a huge FUD, it could be easily reached in just short period of time.

Its already going up. I still doubtful about the price going to sink that low anymore now that there are countries seeing BTC be their money like El Salvador. I'm sure more countries will also going to declare the same thing. It's sure it's not just BTC that they are going to use of course. There are more cryptocurrencies so once BTC is exposed to someone, all the rest of the crypto coins are also going to be examined by these people.

Its already $37K, we might just be going back to the bull market again.

[BigBos]

although it looks quite a lot, but it's possible. if the range is waited for 4 months, and FUD occurs, then the potential can reach that price. however, I also think that it's a huge drop. however, I still have speculation that IF there is a decline, then the vulnerability is below $30k, and above $25k. however, I'm pretty sure the price will go up by the end of this year.

[adaseb]

Being here since 2013 and lived thru 2 different bear markets I can tell you this. The bottom will be when you least expect it to be. It will most likely be trading somewhere for months and many people will give up on bitcoin and that will be the bottom.

I remember in 2015 and 2019 people kept asking me "Is bitcoin still a thing? and that is when its the perfect time to buy. Whether its at $20K or $13K or $8K. Most likely it won't be the low price that will shake out most people it will be the timeframe. Most people won't want to wait a year or so for bitcoin to bottom and they will just go and buy stocks instead like GME or AMC.

[Poker Player]

The OP and proudhon have big mouths. Their attempts to create FUD would look much better if they posted proof of their trades. So that we see that they put money where they put their mouths. But no, they are not going to do that because they would look even more ridiculous.

[NeuroticFish]

In December 2017 OP has predicted BTC get to "70k-160k" by end of 2018.
What I mean is:
1. OP may be right sometimes, but he's also wrong sometimes.
2. OP may only extrapolate the short term trend, which may be misleading.
3. OP "prediction list" seems to conveniently "forget" predictions here and there; and this doesn't help with his credibility.

I won't even question if the account has changed hands after the 2 years of being offline. It doesn't matter. I can forecast 90k Bitcoin for the same period and, although I myself find my prediction exaggerated, it still makes more sense than OPs 13k. Of course, I expect that both of us is wrong.

[crzy]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

There's a lot of good things happening in the market right now and Bitcoin price is reacting to that, if we are able to break resistances again I can say that this forecast is not valid. I don't think Bitcoin will ever reach the price of below $20k again, well this is just my forecast as well since everyone can post their prediction, only Bitcoin and time can tell so let's see in the coming months the next trend of the market.

[passwordnow]

That's okay if your forecast is too low and everyone is free to do so. My forecast is if bitcoin will be too low, the lowest will be $20k. That's just another opinion of mine but I don't think that we'll low of under $20k. No matter how low bitcoin will be with your forecast or with mine or any others. As long as I'm looking forward to the future of it, that's what matters and I'm sure that bitcoin will be going back again to become bullish although in reality, bitcoin's still bullish for me.