Prediction: Low was $34K or will be ~$25K

[romero121]

This is what the market is all about, majority of the people were speculating about the massive correction. Out of correction, it is predicted to reach the lowest bottom of $30k. What caused the market move forward isn't known, because there is no big news in terms of adoption. Now it has crossed $41k which is good and now people talk of missing the chance to buy. So, the market is completely unpredictable and surprise the users. One who take the risk profit out of it.

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[ShowOff]

This is what the market is all about, majority of the people were speculating about the massive correction. Out of correction, it is predicted to reach the lowest bottom of $30k. What caused the market move forward isn't known, because there is no big news in terms of adoption. Now it has crossed $41k which is good and now people talk of missing the chance to buy. So, the market is completely unpredictable and surprise the users. One who take the risk profit out of it.

Predictions are not always correct nor are they always wrong. While the bitcoin price has seen an increase from $33K lows this week to $42K, I'm sure it's not moving too fast but it's been up nearly $10K in the past week.

In the near future the price of bitcoin will no longer fall below $30K in my opinion, but it will also not rise above $50K. But things like this can change at any time especially when the demand for bitcoin increases or the supply becomes higher. However, no one really knows how the future of bitcoin will be in the next 2-5 years because there is still a possibility that the expected target will not be achieved. So there are always risks to consider.

[STT]

Price has beaten the downtrend after an extended period of following a regular pattern from the ATH.  Its recovered back the 50 day moving average which was at one time the bullish measure underpinning the highest prices, we are presently slightly recovered but underneath the lowest prices of the Autumn bottom so it has something to prove here.   It would appear for now the low is in, I think it could hold off selling any further this whole year so no prices into the 20's     On a yearly view this could be considered bullish still

[YOSHIE]

When $30K breaks… everyone will want to buy at $20K.

Some of the speculation is true there is also out of bounds, my speculation about Bitcoin price could hit $20k, but not this year, I believe it will be 2023.

From experience with crypto, especially Bitcoin, the graph will shift after the Halve, I see and observe phenomena like that continue to occur throughout the history of Bitcoin.
The reason is simple.
Bitcoin price is in the $30-40k position, interest will decrease, investors are more interested in other types of crypto, that's where the problem is, change keeps happening where when people don't believe in Bitcoin anymore, the phenomenon happens again, basically: $15-20k can happen again, fact.

[ancafe]

it seems, bitcoin is more powerful than we thought. I also think that yesterday's push dump could see bitcoin price below $30k. however, the price held up, and today it has recovered. in fact, I'm of the opinion that the bitcoin price will hit $45k in the near future. well, it could be at the end of this month, bitcoin's target is $50k, or it has reached that point. It's things like this that get a lot of people excited about holding bitcoins. however, this was an unexpected development.

[peter0425]

I believe it is 33k ? but never that 25k and that is something that i rejoice when we did not fall to 20k level.

And now we are lucky because we are climbing to 45k , actually it is 42,600$ but  looking for this whole week to break 45k again and at least 50k  back more.

it seems, bitcoin is more powerful than we thought. I also think that yesterday's push dump could see bitcoin price below $30k. however, the price held up, and today it has recovered. in fact, I'm of the opinion that the bitcoin price will hit $45k in the near future. well, it could be at the end of this month, bitcoin's target is $50k, or it has reached that point. It's things like this that get a lot of people excited about holding bitcoins. however, this was an unexpected development.

Never that we underestimate Bitcoin and instead we Knew how powerful this is ..

''DO YOU''

now that there are green line again so when this will come to 70 level finally?

[jostorres]

it seems, bitcoin is more powerful than we thought. I also think that yesterday's push dump could see bitcoin price below $30k. however, the price held up, and today it has recovered. in fact, I'm of the opinion that the bitcoin price will hit $45k in the near future. well, it could be at the end of this month, bitcoin's target is $50k, or it has reached that point. It's things like this that get a lot of people excited about holding bitcoins. however, this was an unexpected development.

Depends on the person if how much is his expectation with bitcoin. A person that is new here can only think bitcoin will reach realistic amount of value but for us that are not really new we can expect more than that and add in the current situation where btc adoption is slowly being recognized.

There is a push and then dump that happen yesterday? Did people feel itchy to sold upon seeing a small gain and then it causes the price to get dumped again but I do not think that can lead for the price to go below 30k level because some people will just bought it again after they see a little decline in the price. We can surely go back on 45k usd but I do not think that will happen easily. Maybe in the 3rd and 4th quarter of the year.

[Chato1977]

there is a increase happened since yesterday ..

But do we really believe that we are heading to another Hype? don't fool yourself lol .

I still believe that we are heading to that 25k low, I am not FUD here guys but i just wanted to be true for all reason .

[Raflesia]

there is a increase happened since yesterday ..

But do we really believe that we are heading to another Hype? don't fool yourself lol .

I still believe that we are heading to that 25k low, I am not FUD here guys but i just wanted to be true for all reason .

I believe this bitcoin price increase is much better now and we are indeed bullish again, why are we being fooled by the hype when this is not a shitcoin/meme we are talking about?
I'm not fooling myself but I'm optimistic the price of bitcoin will be better after yesterday's slump, so many of us believe bitcoin's rise will definitely happen again.

The nonsensical reasoning would be that bitcoin could be that basic which is obviously very different from my opinion, but for me the point of support is to be as low as the price since yesterday.

[sana54210]

Depends on the person if how much is his expectation with bitcoin. A person that is new here can only think bitcoin will reach realistic amount of value but for us that are not really new we can expect more than that and add in the current situation where btc adoption is slowly being recognized.

There is a push and then dump that happen yesterday? Did people feel itchy to sold upon seeing a small gain and then it causes the price to get dumped again but I do not think that can lead for the price to go below 30k level because some people will just bought it again after they see a little decline in the price. We can surely go back on 45k usd but I do not think that will happen easily. Maybe in the 3rd and 4th quarter of the year.

The "unlimited" mindset is the thing that brought us here, and people may think we are crazy when we say big numbers but that is what we did 5 years ago and look where we are right now. People saw the under 1 dollar price, bought pizza with bitcoin and assumed that it would not go up "too" much, and here we are, even one of may end up buying a whole pizza shop.

This is why I keep saying that 1+ million dollars, even 10+ million dollars may sound silly to some people today, because we are only at 40k levels, and yet we moved from a few dollars to hundreds of dollars to a few thousand to now over 40k, it may not be quick, it may take a decade but it may always happen. People who think that there is "no way" it could happen are people who do not know what they are talking about, they need to actually find a better understanding of it to get what bitcoin could do.

[Baofeng]

there is a increase happened since yesterday ..

But do we really believe that we are heading to another Hype? don't fool yourself lol .

I still believe that we are heading to that 25k low, I am not FUD here guys but i just wanted to be true for all reason .

This could be a dead cat bounce, because stocks investors are moving to bitcoin right now. And if any time they chooses to move back to stock market, then the price will go down again. But we just enjoy this increase in the last 4 days if I'm not mistaken, this is a great week for us and hopefully at least a $50k price is not that bad this month.

[Yaunfitda]

there is a increase happened since yesterday ..

But do we really believe that we are heading to another Hype? don't fool yourself lol .

I still believe that we are heading to that 25k low, I am not FUD here guys but i just wanted to be true for all reason .

This could be a dead cat bounce, because stocks investors are moving to bitcoin right now. And if any time they chooses to move back to stock market, then the price will go down again. But we just enjoy this increase in the last 4 days if I'm not mistaken, this is a great week for us and hopefully at least a $50k price is not that bad this month.

And it continues to go up to $45k today, although it went down, maybe because this is the next resistance level. I'm bearish, this year, but this is a good sign that we can still go $50k'ish for the time being and not go ~$25k. This is still February, a lot of leg room to work, if we go $50k again, I might have a change of heart and become bullish short term.

[Silberman]

Your point is correct, so I think the bottom is 34K$. Indeed, we have seen a bounce from that point almost or a little less, but in any case, Bitcoin rose a little, but this is not necessarily an indication of an upward trend. We may see a drop again for Bitcoin and it may be bigger than the first time. I think that the first week of February is important for Bitcoin, if it manages to break the 40K threshold, we may see a rise again to the 50K area, and the opposite of that is the drop is expected.

Today we saw an important recovery in the market and at least for now it seems that 34k is going to be the bottom, however something to take notice is that the bottom was very close to the average price that some of the biggest institutional investors have paid for their coins, and I do not think this is something that happened by chance, 25k is a price too low to actually see as those institutional investors will begin to defend the price of bitcoin way before we actually get to see that price.

To be honest, I never looked at the price in the last 24 hours. But I do exchange some of bitcoin to fiat because I needed them, so I just go ahead and see that it's weird that the equivalent fiat is higher. But today, I checked the price and it's above $40k. So everything is good at this point, recovery is on the way. Although I'm bearish for this year, I would say this might change things around again.

It sucks to have to sell part of your holdings at the bottom but if you had to do it then there is no other choice but to accept it, right now the price is having a small setback but nothing too important, I think the next weeks are going to be critical to let us know which direction the market will most likely take during this year, unfortunately I think that right now the bearish tendencies are still stronger than the bullish ones so I hope this changes during the next weeks.

[TravelMug]

This year similar time same momentum happened, bitcoin price was under $25-$30k.This year January and February month bitcoin was dip and reached under $34kk.But bitcoin price is continue growing and touched $44k+ today.I think bitcoin price will be more increase in future and i hope bitcoin price will be reached $50k+ next few month.

Still a long way to go for $50k though, I have a feeling that it will be a big psychological barrier so it's hard to break that one. Unless we are really in a bullish phase, which I don't think we are not, we are just in the situation wherein the investors from WS are going to bitcoin market. For those who are not familiar FB (meta) stocks goes down hard and from the looks of it, those who made the sell-off shift to bitcoin. So unless there will be another round of investors $50k will be hard to break in my opinion.

[StreakW]

The price of bitcoin is still experiencing a decline in price, which makes the movement erratic. From the price drop, it can be concluded that Bitcoin still doesn't have full control over the bull rally. Therefore it is possible that the price of bitcoin has the potential to drop to the $30k level but not to the $25k level.

By this time people are supposed to know where bitcoin will form resistance but it is difficult this time to determine it. The market is unpredictable, I know $25k is still possible to attain. But this is time for buy, we cannot actually determine where it's going to no matter how careful we are.

It looks like the current bitcoin price is starting to slowly rebound. Where the last few days the price of bitcoin back up to the level of $ 43k. Therefore, I think that, at the moment, the crypto market is not in a prolonged bearish phase again so there is hope for bitcoin to score a new ATH this year.

[Silberman]

The price of bitcoin is still experiencing a decline in price, which makes the movement erratic. From the price drop, it can be concluded that Bitcoin still doesn't have full control over the bull rally. Therefore it is possible that the price of bitcoin has the potential to drop to the $30k level but not to the $25k level.

By this time people are supposed to know where bitcoin will form resistance but it is difficult this time to determine it. The market is unpredictable, I know $25k is still possible to attain. But this is time for buy, we cannot actually determine where it's going to no matter how careful we are.

It looks like the current bitcoin price is starting to slowly rebound. Where the last few days the price of bitcoin back up to the level of $ 43k. Therefore, I think that, at the moment, the crypto market is not in a prolonged bearish phase again so there is hope for bitcoin to score a new ATH this year.

The price gonna reach 45k$+ today itself. The market dumping happened after that
44.5k was the current trends.People was supportive towards the bitcoin was a positive one. The new investors to crypto was happening to the new one again and again.The classical one was, all the dump and pump brings the huge traders to the field. The pump and dump was very common to the market.Hence same new investors was a boost to the price variation.

We did in fact reached 45k and now we are having a very small correction to 43k, nothing major and this should not be a sign to worry, however at this point I do not think we can expect much from the price of bitcoin, it seems to me as if the majority of the market participants are bidding their time and are waiting for something to happen to give them a hint of where the price of bitcoin should go during the next months, and until hat happens I think we are going to see bitcoin going sideways for some time.

[GeorgeJohn]

I think, although the bitcoin market is currently experiencing uncertainty. But it looks like bitcoin's lowest price is $34k and won't go down to the $25k price level. The last few days bitcoin had re-tested the $38k resistance and bitcoin's movement was still quite stuck at the $38k resistance although there was a slight decline but I see bitcoin will continue to rally to the $40k area. But, for now it's better to wait for the right time to re-enter the Bitcoin market.

I can say many people have lose the chances to enter market when the price was at thirty three thousand (33k) in last two weeks, but i know vividly that know time you adventure into bitcoin market that is wrong, the only thing that's important is the speculation of bitcoin at first at the moment, if you will be able to understand the price rotation. I will even encourage someone to purchase Bitcoin after observing the next movement of it through the chart.

[bots1]

Since the last few weeks, the price of bitcoin has risen again in the range of $44k. Even though it's currently back down to the $42k price range, it's only a minor correction and it's still reasonable. Therefore, I don't think the bitcoin price will ever drop to the $34k price level. I predict that bitcoin will continue to advance to reach its next price target in the $48k range.

[macson]

there is a increase happened since yesterday ..

But do we really believe that we are heading to another Hype? don't fool yourself lol .

I still believe that we are heading to that 25k low, I am not FUD here guys but i just wanted to be true for all reason .

it's been a few days since you wrote this but Bitcoin hasn't touched $25k lol.  i can't even believe the Bitcoin price will drop below $30k again.  Bitcoin ATL for this year i think we passed last January and we certainly won't see the bitcoin price fall any more, just wait for a surprise this year, we will definitely see a new bitcoin ATH.

[arufox]

Even though the bitcoin price has fallen nearly 5% over the past two days from the $45k resistance level, the bitcoin price is not going down to the $34k price level again. I expect the current decline as a move for significant gains over the next few weeks.