How low can BTC go this time around

[Mpamaegbu]

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We can't assure that there is no more like the 2018-2020 bearish season but if these institutional investors and even small market players will save their Bitcoin and never dump it, it will regain back the momentum so easily. Once there is no huge selling demand but the buyer demand is growing, this will help to save the price from falling.

From the fact (as we can see) that there isn't any major selling pressure in the market shows that Bitcoin price won't hit the floor like it did in that period I quoted. It was a bloody hell. I don't think we can revisit such an experience. There is more awareness now than in 2018/2020 that whatever happens Bitcoin price will come up again. Besides, institutional investors don't plan or buy on a short term. They would've taken a long term view on Bitcoin and made their projections. So, whatever happens now to Bitcoin won't be a bother to them. They won't dump now and that gives a kind of stability to Bitcoin, and by extension the whole crypto industry.

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[asriloni]

Another year and another upper bottom. That doesn't make sense if bitcoin will be going to the 4 digits again and I'm sure that bitcoin is starting to go up again. I meant you must also see how market is trying to recover itself from the dip. No one even know how dip bitcoin will be going soon but as you can see that if bitcoin has a very big chance to recover again as fast as bitcoin dumped so hard.
So it's just the matter of time until everything will be very good soon and we will see bitcoin will be mooning again. I think that people know if crypto was about dump and pump.

[yurez]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

It is pointless to predict the exact price where bitcoin can find the bottom, but I think the ideal place for a long-term purchase will be below $30,000. The sooner bitcoin finally falls in price to $20-$30 thousand, the sooner the recovery processes will begin. Such a low cost of the asset will force many to invest in the coin, which will drive the price up.

[btc_angela]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

The best case scenario is for bitcoin to go as low it's previous high of $20k. But that is if the market really turns out bad just like in the pandemic. The market seems to be bouncing around the support line of $40k. But we all know that it can go lows of $30k. So for me the best buying opportunity its around $20k. But if you are thinking of investing right now, it's better to wait or just do DCA (Dollar Cost Average) strategy.

[cloudfir3e]

it's certainly good to buy bitcoins for future assets and buy some altcoins if the market is going down like this

[TheUltraElite]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

The pandemic happened in the 2019-2021 years to have the maximum effect on the market, but this is the opportunity that one should seize, those who could not, should take this as a lesson and remind themselves to keep cash at hand to be able to quickly buy a stash of coins at discounted prices. Bear market will happen again because it is an endless cycle of bull and bear, the point is to keep patience till the next turnover occurs and not be in denial when it hits.

In the mean time we can only speculate as to what event might bring the price down. But I feel too much of discussion only leads to conspiracy theories and nothing fruitful. It is better to focus on consolidating assets and keep assets on both sides ready for trades when bear market or bull market moves in.

[cheezcarls]

If I do see it at $35,000 I will take it. That's my buy point right now and while waiting I am trying to save as much money as I can.
You said it, we might not see it at a very low price and even at all the economic drops it still manages to stay at this value. More trust is coming and we can say this is the new world of cryptocurrencies where investors will purchase anything that is crypto related especially Bitcoin.
Don't expect 4 digits because that might not happen anymore.

Between $30k to $35k is also my target to buy BTC if it does go even lower, and it is great if we do DCA (dollar-cost averaging). In my opinion, I don’t see BTC go lower than $30k as I kinda feel that there is a big support in that range.

it’s just me though, but we can’t just simply predict the market very well because anything could happen without warning like it can either break the support or resistance level.

[jossiel]

i think, panic is inevitable for those who don't understand the true nature of the problem with bitcoin's fighting power.

Everyone panics, experienced or not in this market, we all do have certain points of our lives that we have to panic. Especially when we see the price of bitcoin is going down.

My view is that bitcoins will not fall too deep below 20k, because USD cannot recover their value in response to inflation and other issues including profit/loss of the current economy.  .  When a super-reaction is consolidated, price action can reverse this scenario.

I have the same belief but still, this is a very volatile asset that could go low as much as we're not expecting. In that case, should you be wary of any possibility to happen? No surprises if the price goes low or high.

[Gayong88]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

If market down worst than I am not expecting that it will break the resistance of 28k. We have seen two times that Bitcoin dumped from 50k and then remain stable above 30k. Some YouTuber and twitter influencers says that it will down to 20k but I am not expecting this because demand below 32k is huge and we have seen many times that Bitcoin recovered from 30k very well.

Yes, if you look at this moment, it is very good for new or old investors to consider entering the money market at this stage, the reason is because it is cheap. The question is Will the bookmaker be that good at giving retailers a chance to get a Bitcoin for $20,000?

[takngantuk]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

no really, it's possible it could happen. remember the world economy is not doing well and many countries are trying to recover it. and this could have an impact on the crypto market as well. the situation in the past may repeat itself today. bitcoin broke its strongest support and fell to its deepest point. what is certain is that the current price is not the bottom point, there will be another fall that will occur in the near future. I say bitcoin under 30k is still possible in the current situation.

[RealMalatesta]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

It is pointless to predict the exact price where bitcoin can find the bottom, but I think the ideal place for a long-term purchase will be below $30,000. The sooner bitcoin finally falls in price to $20-$30 thousand, the sooner the recovery processes will begin. Such a low cost of the asset will force many to invest in the coin, which will drive the price up.

This is both right, but also a bit wrong in the sentiment. It is right because trying to figure out what bticoin will do is not an easy task, it will never be known exactly how much it will be in price, you can get close to it but getting the exact number of the peak would be very difficult, near impossible level.

However, you need to at least give it a shot and try to do that because that is how you make money, otherwise how would you profit from it? If you think it will be 55k but it becomes 57k, you will miss out on making some more profit but at least you made the direction and that is the important part. You can't know for sure exactly where it will stop, but you have to try in order to try.

[Doell]

If I do see it at $35,000 I will take it. That's my buy point right now and while waiting I am trying to save as much money as I can. ..

This will really be a good price to buy bitcoin, especially for those who have sold their coins at high. But in any case, it is necessary to keep part of the stablecoins in your wallet in case the price of BTC drops to 30 thousand dollars, and possibly up to $ 25,000. In this case, you will have a good average purchase price of BTC.

Yes investor should to save money in any stablecoin, and I agree with you if Bitcoin drops to 25K-30K the long term average returns will be better. Although it's unlikely that 25K is a very cheap price when compared to last season's ATH, and besides many big investors will buy it first if it's under 30K it will quickly return to 35K.

[MiF]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

It can possibly drop down to 30k$ and i think it will never go down below price, btc is maybe having a correction and i believe that it will rise again, elon musk buy twitter and i believe that there will be a good effect of this buying in the next few months elon has a positive sights on crypto so we can expect positive outcome of this move.

[Kadal Ijo]

Seeing the market facts since the new ATH last November, I was optimistic that the lowest price of Bitcoin was around $ 30k, and in recent days it was proven that when prices were below $ 40K, there would be a transaction volume that increased dramatically and the price rose again.

[killerfrost]

The reason why people are able to buy BTC for 3500$ was because of the covid panic of 2020 if not I don't believe that BTC could ever get that cheap, now how low do you think BTC can get to in the next bear market? It will be stupid to expect BTC to get down to a very deep price range again.

I don't think the market in this period will bring anything positive. Basically, after what I've been through, it's time to be more deliberate and patient after the period when the market has been strong before. Perhaps many newbies are still stuck with losses in the fundamental mistakes of investing when they gradually lose their patience and it will start to gain momentum again. Although over time we can see it still going up, if you can't balance the risks that you can handle over a long period of time, it's not too strange that a lot of people are still losing money and it's hard to earn backIt is profitable. Whether it goes up or down sharply, the next time I feel very happy and try to buy more than I believe in, because BTC never disappoints us if we are patient enough.

[Inspiron14]

Seeing the market facts since the new ATH last November, I was optimistic that the lowest price of Bitcoin was around $ 30k, and in recent days it was proven that when prices were below $ 40K, there would be a transaction volume that increased dramatically and the price rose again.

Yes, if you look at the recent Bitcoin price movements are still unstable and tend to fall,
we don't need to panic and worry because the Bitcoin price will go up again,
even though we don't know when it will go up again and the most important thing is to be patient and wait

[dlightag]

Bitcoin has been the leading of alt-coin in the cryptocurrency community, bitcoin price can reach $35,000 as a minimum price value and go back to 40k series, and i strongly believed that bitcoin is going to 100k sooner or later, while keep fluctuating at a range of 37k to 43k as the case may be.

[shinratensei_]

You may call that as stupid thing but you are in the crypto when a coin from the top can be dumped into the bottom. Don't you even remember what happened with so many privacy coins? The privacy coins have been sitting at the top but with the goes of time and almost all of privacy coins were going to the bottom. So bitcoin can go lower than 35k but i think that this needs a huge pressure to make it happen. Bitcoin is quite stable at this moment and it seems like market was in the sideway. Will we see another recovery from the bitcoin? I hope that we will see that as soon as possible to prevent the possible dump to happen even deeper.

[Silberman]

Another year and another upper bottom. That doesn't make sense if bitcoin will be going to the 4 digits again and I'm sure that bitcoin is starting to go up again. I meant you must also see how market is trying to recover itself from the dip. No one even know how dip bitcoin will be going soon but as you can see that if bitcoin has a very big chance to recover again as fast as bitcoin dumped so hard.
So it's just the matter of time until everything will be very good soon and we will see bitcoin will be mooning again. I think that people know if crypto was about dump and pump.

This is an important metric that is often disregarded but that is critical, people are always looking at the ATHs but if we take a look at the bottoms we see that the floor of bitcoin in keeps raising up, meaning that the longer we wait to buy our bitcoin then the more money we have to pay for it on average, so people should not be that worried about the future of bitcoin as it is obvious that it is going to be incredibly bright, especially since I think the economies of the world will have a very difficult time recovering from the pandemic.

[zulfi125]

BTC was not reached at the price of $3500 due to COVID 19, it was before COVID19 and at that time BTC was low due to the China ban and there was no major institution adopting the crypto, now we can expect if a bear market the BTC price can hit below the $30000 due to many institution adoptions of BTC and some counties adoption, so we cant expect the very low price of BTC like $3500.