How low can BTC go this time around

[Delightcrypto1]

I don't think anyone can predict how low btc can still go. Undermining the fact that we just at the half of the bear market year. This seems to me that btc can even go beyond $18k by mid July.

[1714510715]

1714510715

[zonefloor]

I don't think anyone can predict how low btc can still go. Undermining the fact that we just at the half of the bear market year. This seems to me that btc can even go beyond $18k by mid July.

I totally agree with this comment. We're not even halfway through bear season. At least that's my opinion. I have no idea how low it will go, but rumors generally shape the market. Some say 20 k last, while others say 18 k last. But what is said in general is that it will drop to 13 k and below. When I consider the 2017 bear season, I am one of those who believe that it will drop below 10 k. According to my calculations, even ethereum bought over $450 is expensive at present. It's best for this season to consider the worst-case scenario. I hope what I said will not come true and we will not spend this period as painful as the 2017 season.

[Gayong88]

There are many things that can happen in between now and the next bull run. There is never a true way to know what will happen, but my guess would be that there will be a bearish price run once again, and BTC will go down more than it has been in the recent months. This time I think the price drop might be lower than the last time. The price of Bitcoin is affected by a variety of factors, but in the end its value will most likely be determined by two major components: its utility and its volatility.

[TravelMug]

We almost touch our last all time high in 2017, so that's a huge hit already. And speculators are still thinking that we can still go near $10k, which is crazy prediction, but hey, we've seen it all. When we think that it's not possible to reach that, suddenly the price goes to that level.

So maybe we are near bottom already, so the price will continue to go down to -85% or higher (if we haven't done so).

[Dollar_Hunter]

right now it is very difficult to predict whether the price of $ 21000 is a bottom or not,
because many people also call $ 16000 is a bottom, yes, this is really confusing if you think about it,
but my advice is not to miss the bullish momentum, because many altcoins have plunged,
maybe buying in partialy is the solution.

[lousie9]

It is not stupid if we wait for the price of BTC to go down because we can get a cheap price and all things in Crypto can happen as well as BTC especially with some unstable world economic regulations and events that have an impact on the development of the world economy. BTC fell very deep and reached the rate of $20k, it proves that the price of BTC is unpredictable and we maintain it at a high rate, although I still believe that the price of BTC will rise again in the long term.

[virasisog]

It is not stupid if we wait for the price of BTC to go down because we can get a cheap price and all things in Crypto can happen as well as BTC especially with some unstable world economic regulations and events that have an impact on the development of the world economy. BTC fell very deep and reached the rate of $20k, it proves that the price of BTC is unpredictable and we maintain it at a high rate, although I still believe that the price of BTC will rise again in the long term.

It's fine to wait for the price of Bitcoin to drop even more but the risk it could also possibly strike a high anytime. If you aren't confident buying at its current low price, then you could wait more but as for me, it's better to grab the opportunity than to miss it because of too much expectation.

[TheGreatPython]

It is very difficult to predict with certainty how low BTC will fall this time, but if you look at the current market developments it is very likely that BTC will drop below the $21k mark, because until now the crypto market is still experiencing a permanent  and there is no sign of it yet the market will recover.

No one can but one can predict either correctly, almost exactly the same as the price or never got it right. What you said that it will drop to $21k mark is also a prediction. As I see that the current price is even lower than $21k as I post this one. I hope that it will not decrease more until it decrease to below $20k. Current price is at $20k+ and if it decrease then it os more likely to be below $20k which I think a good pricebyo start a plan to buy and hold long term.

It is already at a level where it makes sense to buy and hold long term. I am not saying that it will not go any lower, of course it could go lower but at the same time it is doing a good job being here as well. This is why it makes sense to start purchasing at the current price, it means that we are doing as well as it could be hoped for.

However, people are reacting as if they buy right now at 20k, and it goes to 16k, that would be the worst thing ever, it wouldn't be. When the price is 100k, the difference is negligible and you buying at 20k would mean that you would make 5x profit, and what else can you make 5x profit from? Not many things.

[0verseer]

It is very difficult to predict with certainty how low BTC will fall this time, but if you look at the current market developments it is very likely that BTC will drop below the $21k mark, because until now the crypto market is still experiencing a permanent  and there is no sign of it yet the market will recover.

No one can but one can predict either correctly, almost exactly the same as the price or never got it right. What you said that it will drop to $21k mark is also a prediction. As I see that the current price is even lower than $21k as I post this one. I hope that it will not decrease more until it decrease to below $20k. Current price is at $20k+ and if it decrease then it os more likely to be below $20k which I think a good pricebyo start a plan to buy and hold long term.

It is already at a level where it makes sense to buy and hold long term. I am not saying that it will not go any lower, of course it could go lower but at the same time it is doing a good job being here as well. This is why it makes sense to start purchasing at the current price, it means that we are doing as well as it could be hoped for.

However, people are reacting as if they buy right now at 20k, and it goes to 16k, that would be the worst thing ever, it wouldn't be. When the price is 100k, the difference is negligible and you buying at 20k would mean that you would make 5x profit, and what else can you make 5x profit from? Not many things.

You're right. No one can really time the lowest point and bought in 100% with his investment fund. You need to split your fund and go 10-20% each price mark that you think it was low enough to be considered a good investment for a long-term hold.

[ledu_ico]

A good gue can be $18500. Dont forget to invest in $LEDU while we are in the dip.
https://ledu.educationecosystem.com/
https://twitter.com/eduecosystem1
https://t.me/ledu_token

[Salamande]

Last 2-3 I was under the impresion that BTC would tank to previous 2017 ATH, but I was thinking it could take WAY more time than that. Bear market is still not really there and we are already at that level, so 10k-15k maybe?

One thing for sure, I think we will have plenty of time to buy the bottom, it could stay flat 10k for a whole year I think.

I want to buy BTC, but really not in an hurry.

[GbitG]

According to some senior crypto enthusiast that due to increase in fear and greed index the market is really unstable which is not good for all trader . And due to too much selling pressure and volitility there is a huge chance that market.can go below may be it will move to 12k$ which is really bad news ever for all trader. So keep eye on market and take good entry as possible as.

[iphone5s]

According to some senior crypto enthusiast that due to increase in fear and greed index the market is really unstable which is not good for all trader . And due to too much selling pressure and volitility there is a huge chance that market.can go below may be it will move to 12k$ which is really bad news ever for all trader. So keep eye on market and take good entry as possible as.

The best way to continue to analyze new things that will grow later. You can see the prices are getting increasingly unreasonable and whether it's all going back to 10 years ago.

[Juwel580]

At the current price of BTC, it seems that it will reach 6 thousand.  Because it is coming to 22K after breaking the previous 32 thousand, now it has come to 19 thousand by breaking 22 thousand again.  And now there is a backup at 16 thousand.  If it breaks down, then the neo-crypto market will be reversed.  And that will come to 6-7 thousand like 2019-20.

[Morningstarr]

16k$ to 14k$ is enough I think. BTC is already 60% down fear and greed index is 6℅ so when market is in fear become greedy and fill your pockets.

[Rasa nanas]

I got information from an analyst, if the bitcoin price drops below $20k most likely the price will continue to fall and the buying point will be in the $17k range. however if the price continues to drop below $17k the next suggested buy point is around $13k. no one expects a bad situation like this to happen but you have to accept the fact that the crypto market is full of surprises.

[shinratensei_]

It seems the recent correction might shows that maybe in the upcoming futures btc gonna hit around $10k, that's really bad news for most of altcoins since they are the ones that gonna get affected the most and I doubt they could make recovery in the future bullrun considering the circumstance that maybe they have lost majority of their valuation.
It seems majority of altcoins are gonna be eliminated because even going down at $20k already such a disaster.

[Godwinpaul]

The value of Bitcoin has several implications on the general cryptocurrency market. As the downtrend continues we've had a substantial reduction in the coin market capitalisation and the price of most altcoin are in their lows. I really do hope that there's a change in fortune as I see bitcoin approaching $15,000, in few days.

[Smitty Werben Man Jensen]

The value of Bitcoin has several implications on the general cryptocurrency market. As the downtrend continues we've had a substantial reduction in the coin market capitalisation and the price of most altcoin are in their lows. I really do hope that there's a change in fortune as I see bitcoin approaching $15,000, in few days.

$15000 will be the last bottom and will be a very strong support in my opinion,
because Bitcoin is also down 70% from ATH now, big investors like institutions too I'm sure they will keep the price of bitcoin,
but I don't know because $20k is already broken and we are in $18k, hope there's a rebound this weekend

[RussianEnglishTranslation]

The value of Bitcoin has several implications on the general cryptocurrency market. As the downtrend continues we've had a substantial reduction in the coin market capitalisation and the price of most altcoin are in their lows. I really do hope that there's a change in fortune as I see bitcoin approaching $15,000, in few days.

$15000 will be the last bottom and will be a very strong support in my opinion,
because Bitcoin is also down 70% from ATH now, big investors like institutions too I'm sure they will keep the price of bitcoin,
but I don't know because $20k is already broken and we are in $18k, hope there's a rebound this weekend

You could be right. We did see a little rebound over 20k but we aren't out of the woods yet. I have some cash on the side to buy ETH if it falls under 500 and ICP if it falls under 5 usd.