Bitcoin to 13k. FORECAST

[ILuckyGuyI]

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.

[Woodie]

For an asset that is driven by speculation market can be driven in any direction and at the moment we have to deal with the Chinese bans which seem to take much of the weight once we over come this we going back up not down...we have been on a down trend for a long time we need a break 😀.

[livingfree]

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. 

[Hippocrypto]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

If that forecasted price would break so much, I think that's really a big loss for those who bought btc from huge amount. No one knows what the future may bring for all of us now, we should be remain stronger on our faith that the bear market won't that too long, because not just btc suffered a lot but also the altcoins.

[ziyaaa]

It is a really brave prediction that I should say.    Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

[STT]

Failure to break out of range upwards suggestions we can once again test the lower boundaries to this recent lower range for BTC pricing for the 2021 trend.



In summary its mostly been sideways while tracking between these two extremes during the last month, a really good trade comes from anticipating some new trend on any timescale but for the moment we are consolidating at best.  Its also possible to speculate this failure to recover higher prices could lead further down but I dont see thats a foregone conclusion just yet.

[CaVO32]

It is a really brave prediction that I should say.    Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

I agree, if bitcoin will go down to even $20k, a lot of fud will be seen in the market, let alone reaching to 13k. Right now, it seems btc is holding strong above 30k. And I think, it may stay that way for quite some time. Let's go back here after 4 months as what the OP is targetting. But I highly doubt that we will go down below 20k. We already surpassed that period. And now as many entities are involved, this is the reason why btc is managing above 30k.

[Lorence.xD]

It is a really brave prediction that I should say.    Because I don't think that there are many people who are expecting the price to decline to even $20k. If this happens, it will be a big shock for nearly everyone.

That depends if you expect it at the back of your mind, I am pretty sure that it won't come as a shock to you since you have at some degree expected it. To be honest, if bitcoin were to go to that point, I am sure that I will be celebrating this because I plan to buy bitcoin when I have the money.

[adaseb]

If the OP is really serious he should make an account on Deribit and buy the Dec 31 2021 $16000 PUT option. Currently this option costs 0.03BTC. around $1100. So if BTC goes to $12K anytime before the end of the year, that option will be worth at least $4000, most likely much higher due to the premium. So unless BTC is $12K on Dec 31 2021, it will be worth maybe $5-6K.

So with a $1100 investment the OP can easily 5-6x his money. And even if he is wrong and it goes to like $19K, he will still most likely double or triple his money. He can also buy the Sept 24 2021 $16000 Put for only $400 currently. So if it goes to $12K before Sept 24th, that option will be worth at least $4K so he will 10x his money.

[JohnBitCo]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I did not see your previous analysis but when you say bitcoin to 12,400$, you should write a proper analysis to this and / or technical analysis supporting this. Bitcoin will not go below previous all time high (19,800$). If this happens, it will be very bad for the bitcoin and also for the holders.

[bittraffic]

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.

$13k is very low. But I guess OP had also compared the numbers to its previous ATL in 2018.

I'm hoping for the same price movement and that BTC will continue to break out that $40k after a week or two. Although there had been so much news flying around where we speculate price to go up, I hope it really will. It's still holding on to the support so I will also be holding the rest of my coins.

[traderethereum]

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.

$13k is very low. But I guess OP had also compared the numbers to its previous ATL in 2018.

I'm hoping for the same price movement and that BTC will continue to break out that $40k after a week or two. Although there had been so much news flying around where we speculate price to go up, I hope it really will. It's still holding on to the support so I will also be holding the rest of my coins.

I only hope that is speculation from @OP and will not happen because the bitcoin price has reached a good price so far, although the price is now down to $35k-$38k.
I am sure the price will increase step by step, even if the price now seems difficult to rise higher.
As long as the price can still move from low to high, and we can make a profit, that will be okay for us because someday, the price will start another rally, and the price will break $40k.
But if somehow, the price really down below $30k, I hope that will not go down to below $20k or $13k because that can make a mass panic from people.

[Hughes_Ryan]

Well, quite a lot of fun with margin and prediction.  In my opinion, Taproot in the long run is advantageous for bitcoin holders, including the short sale last week of $30k, many good scenarios have played out, and I think the market has reacted well to that.  both Elon, Tesla are accepting bitcoin again, El Salvado makes history.  And it will be more.  After the covid 19 vaccine is released, economic normalcy will be the last response.  so i think bitcoin will stay at 20k-30k for this Q2.

[Oilacris]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

I did not see your previous analysis but when you say bitcoin to 12,400$, you should write a proper analysis to this and / or technical analysis supporting this. Bitcoin will not go below previous all time high (19,800$). If this happens, it will be very bad for the bitcoin and also for the holders.

Is this something new on looking or seeing these kind of low price prediction do came out from nowhere came from some people telling about it?

Dont know on how they do make out or draw out those levels and what are the basis and solid indications that we would be heading there since no one can predict the future.

If this thing actually happens then i would really be selling out some of my assets on buying out cheap Bitcoin on that time but i do hardly believe
that we wont really be going that low ever again but who knows right?

[buwaytress]

If the OP is really serious he should make an account on Deribit and buy the Dec 31 2021 $16000 PUT option. Currently this option costs 0.03BTC. around $1100. So if BTC goes to $12K anytime before the end of the year, that option will be worth at least $4000, most likely much higher due to the premium. So unless BTC is $12K on Dec 31 2021, it will be worth maybe $5-6K.

So with a $1100 investment the OP can easily 5-6x his money. And even if he is wrong and it goes to like $19K, he will still most likely double or triple his money. He can also buy the Sept 24 2021 $16000 Put for only $400 currently. So if it goes to $12K before Sept 24th, that option will be worth at least $4K so he will 10x his money.

Gotta confess I don't know much about options trading so this does sound like a good risk to reward ratio if your numbers work out. Definitely makes sense for these bear predictors and shorters to show off their put options. But since none, not even resident bear proudhon, do that, we all know it's not money where the mouth is, or that it's further reverse attempt FUD.

Just suddenly realise now this is probably why there's a lot of options demand from miners and such. Seems like a good hedge for such a small outlay. Always thought price had to hit for them on options.

[Obito]

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

[Ararbermas]

No stops as I have no time to make necessary analysis

Target 12400
Current price 33000
Optil 4 months,

Previous forecasts

probably you're not sure if its possible to fall back on your target price, since you don't have time to make analysis like what you said, wherein unless if you're a true fortune teller or something.. Lol
Because you know in my opinion if it's possible to happen maybe it already made during the drastic decline, and so how about now that its near 40k again at this moment, just imagine if there's still a potential.
For me one thing is for sure mate when it keep increasing more,, wherein you need to set another target.. 

[Coin_trader]

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

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.

[iv4n]

It is a very optimistic prediction for you that you think it will come down to 13k. I say "optimistic" because I suppose that you want to buy from even lower levels than this. However, I don't see this happening soon.

Have to be really careful and be ready though because if it happens, you don't want to be left unprepared for it, remember that people panic because they aren't ready for something. 13k is still a lot of number for the bitcoin prices but if it ever comes, I just hope that I have a lot of money to buy bitcoin.

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.

Theoretically, anything is possible... Coin_trader gave us one possible way things can go...

Will be interesting to see the next bottom! Like many others here, I find Bitcoin at $13k prediction pretty extreme... I see new bottom around $20k, again one more thing that most of us agree with... But in the end, Bitcoin surprised me, and I believe many others, with some sudden move many times. That can happen again, and it will happen again, most likely!

I think $20k will be a great price for buying Bitcoin, at least for us who sold at +$40k, +$50k, and +$60k... but we will see what will the market say in the next period!

[newdevices]

$13000? it seems like a dream, for now, I don't know if this is bearish then there will be a chance to buy bitcoin again under $20k,
yes it's just speculation, but it's still a dream, and I think bitcoin is still bullish so don't be too eager to buy at a lower price from $20k,
you will go crazy later if not touch the price.