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Author Topic: How low can BTC go this time around  (Read 1093 times)
bitzizzix
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May 07, 2022, 02:29:29 PM
 #101

The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.


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May 08, 2022, 12:00:22 PM
 #102

The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.
have reached under $34,000 for bitcoin price drop and right now keep stable on $34,700 still do not know have been on support price or bitcoin will make new drop price again. I worry will have bad moment on  Mei because last 2021 of Mei have terrible with bitcoin price drop drastically. Maybe still have way for bitcoin will reach higher price although many issues talk about bitcoin will drop until $28,000 but I hope have chance for bitcoin can reach higher price again and $34,500 as really support price and give time for bitcoin reaching until $50,000.



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May 08, 2022, 12:22:17 PM
 #103

This time Bitcoin may go 300k but it will take time .
Yeah in your dream. Bitcoin has not even touched 70k as ATH and this time are you imagining if bitcoin can reach 300k? Are you drunk? I think that with this condition and bitcoin will not ever meed 300k. that may be happen in your dream but not for the reality. if you meant about 30k and this is a sense thing if the price of bitcoin can go to the bottom but not with the going to the even higher than 100k. You need to recorrecting your prediction again, it sounds crazy prediction.

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May 08, 2022, 12:32:29 PM
 #104

The recent drop in bitcoin price has reached over 36K, after that it went up a bit and then dropped again which I think the bearish sentiment will continue due to the sell-off and cause the market to turn around on the sentiment from the Fed.
Hopefully the bitcoin price doesn't drop to 30k which is actually a good price to buy and hold in the long term, but if it happens, it's worried that some people will worry that the price will continue to fall.

There will be more sell off, market analysts said they expect 27,000$ per BTC days ago now it's 23,000$ meaning that the bearish sign is bigger and clearer, if bitcoin can made it to 67,000$ it can easily retrace and do a bigger correction as well, in crypto space never say never.

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May 08, 2022, 12:33:01 PM
 #105

That's true and we can see for ourselves that market conditions are really not supportive,
but even so we don't need to worry and stay calm because this is a cycle of crypto,
I hope that market conditions will improve soon
The current market conditions are very supportive to make some purchases on the very good coins in the market because if you can be very sure of the market improvement in this year then in terms of buying good tokens and coins you should also be more confident because it will be an advantage for each individual.

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May 08, 2022, 12:57:56 PM
 #106

After the Fed expectations, it was actually obvious that the market would react like this. Where the bottom will be, my guess is that there may be a return to 28-29k usd, and I guess it can rise sharply from there. If the Fed tightens its tight money policy a little more, we can come to the end of everything, of course, for now, until the next halving.

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May 08, 2022, 01:42:30 PM
 #107

The lowest decline in bitcoin that will occur at a time when the bear market as it is currently only occurs at the price of $ 32k and I believe this is the lowest value that will fall this year and later the value will definitely increase to the highest value as it has happened in the past year, and we must be ready in the face of the current market and the capital we have at this time is very suitable for us to invest so that later the big profits We'll get it.

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May 08, 2022, 01:50:05 PM
 #108

no one knows what will happen next. Logically with the price of bitcoin being so high, it's impossible to fall below $20k, but I think with the many surprises we've experienced while playing cryptocurrency it's not impossible. Bitcoins can grow very fast in a year they may be able to fall sharply in a few months. Rather than regretting bitcoin's fast movement, it's better to get good momentum under all circumstances.

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May 08, 2022, 02:49:22 PM
 #109

The lowest decline in bitcoin that will occur at a time when the bear market as it is currently only occurs at the price of $ 32k and I believe this is the lowest value that will fall this year and later the value will definitely increase to the highest value as it has happened in the past year, and we must be ready in the face of the current market and the capital we have at this time is very suitable for us to invest so that later the big profits We'll get it.
The last time there was a drastic $32k market drop on news of the Russia vs Ukraine war, but only 1 day later the market returned to a drastic recovery. But is it possible that the impact of the Fed will not be able to break the recovery that will occur in the future. According to him, any news that is aimed at bringing down Bitcoin will not work but it is only the effect of ordinary market turmoil, because the big whale is playing its role behind the market to cause investor panic.

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$anounimus$
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May 08, 2022, 03:19:11 PM
 #110

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 experience of the ups and downs of Bitcoin has become an attraction in itself for investors and users, every four years there is a certain price change, it is proven from what has ever happened.

This time I believe Bitcoin will decline at the level of $20,000 or $15,000 that's confidence.

Looks like predictions for that price range are too much and even if we get there. In the end, the market seems to be recovering from its recent fall, and prices are relatively stable in other words, BTC seems determined to rise from the ashes again. Can't know for sure how low the BTC price will go down in the future, but I still don't expect it to drop back below $20,000 or $15,000 again. but anything under $30k is sure to come as a surprise if that happens over the next year.

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May 08, 2022, 03:23:21 PM
 #111

Btc is now trading at 34400$ and it can dump till the next 30000$ support. And now market trend is bearish.

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May 13, 2022, 02:44:43 PM
 #112

hopefully if we dont break 30k zone, price should bounce from there because its more psychological. what if we break the zone, it might be a free fall till the 10k zone. all these are just mere predictions.

Well, I've seen many technical analysis articles, some talk about capitulation, but the most bearish analysis I saw was that of BTC reaching $32k, from there it may come, but looking at the chart I don't think there will be a bearish movement, because I understand that every time the mass thinks that a movement will occur, the opposite happens, I think that despite all forecasts, the BTC can rise much more.

Some think that the bearish movement is a fact, but based on everything that is being generated, it would be a matter of being cautious, I would not sell for the world.

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May 17, 2022, 09:05:53 AM
 #113

Btc is now trading at 34400$ and it can dump till the next 30000$ support. And now market trend is bearish.
Trends can change with time and they will definitely. Therefore preparing for the next is what becomes important instead of thinking the reason behind the dump. Prices will probably go up beyond the 30k mark but keep in mind that majority of stock and fiat markets are also down at this point. So be wary of what you can buy and salvage from this dump.

Don't focus only on Bitcoin but look into non-crypto sectors and buy them too. But don't go into altcoins. They are not worth the time and money you have.

 
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May 17, 2022, 12:07:45 PM
 #114

“We don’t know the future, but we think odds are we’re close to the bottom and don’t want in Bitcoin, after climbing steadily since early September, has suddenly leaped higher—jumping toward its all-time highs of around $20,000 per bitcoin set in late 2017.

The bitcoin price is up around 10% over the last three days, soaring toward $18,000 even as the recent equity market rally stalls.

However, some have warned a bitcoin price correction might be just around the corner—with one bitcoin price analytics company predicting bitcoin could soon fall back to just $14,000.
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May 17, 2022, 02:55:59 PM
 #115

I think now Bitcoin will break through the support at $30,000 and it's not impossible that it will continue to decline but that doesn't mean Bitcoin won't be able to recover. What is happening to the crypto market at the moment can be said that the market is currently entering winter and my advice is to hold it for a long time until the market returns to spring.

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May 17, 2022, 03:29:17 PM
 #116

hopefully if we dont break 30k zone, price should bounce from there because its more psychological. what if we break the zone, it might be a free fall till the 10k zone. all these are just mere predictions.

Well, I've seen many technical analysis articles, some talk about capitulation, but the most bearish analysis I saw was that of BTC reaching $32k, from there it may come, but looking at the chart I don't think there will be a bearish movement, because I understand that every time the mass thinks that a movement will occur, the opposite happens, I think that despite all forecasts, the BTC can rise much more.

Some think that the bearish movement is a fact, but based on everything that is being generated, it would be a matter of being cautious, I would not sell for the world.




We can't avoid things to happen there are influenced that will pull the price down and it will be followed by fears and weak handed holders.

Though experienced traders will just let it pass or if they have enough spare to reinvest, they will collect and pick those cheap coins to add from

the assets that they already have. Knowing that the recovering stage will follow even if the process will take longer time, adding enough patience

and trusting your own assessment will let you gain from this kind of volatility.
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May 17, 2022, 03:29:23 PM
 #117

I think now Bitcoin will break through the support at $30,000 and it's not impossible that it will continue to decline but that doesn't mean Bitcoin won't be able to recover. What is happening to the crypto market at the moment can be said that the market is currently entering winter and my advice is to hold it for a long time until the market returns to spring.
one more leg down and we will see new all time high soon, whales still want accumulate their bitcoin amount by buying and re sell their stock. maybe all them waiting level around 20K before bounce hard. in few days ago bitcoin still move with limited range, break from this range we will know the market direction.

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May 17, 2022, 05:01:26 PM
 #118

I rememberd previous low was almost 27k and this bear market we have already seen below 25k on 11 may. Some analysers says that Bitcoin can low to 20k and even 15k but it's will take time and will depend on News . If any bad news happen than offcourse we can see 20k otherwise it will recover from here.

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May 17, 2022, 05:50:00 PM
 #119

I don't think anyone knows for sure what the lowest BTC price will be but if you look at the current market situation, BTC will generally fall below 30k and above 20k, and I think this is a whale's opportunity to collect as much BTC  possible and just waiting for the BTC price to explode again like year 2018.

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May 17, 2022, 07:24:46 PM
 #120

Trends can change with time and they will definitely. Therefore preparing for the next is what becomes important instead of thinking the reason behind the dump. Prices will probably go up beyond the 30k mark but keep in mind that majority of stock and fiat markets are also down at this point. So be wary of what you can buy and salvage from this dump.

Don't focus only on Bitcoin but look into non-crypto sectors and buy them too. But don't go into altcoins. They are not worth the time and money you have.
Altcoins have always attracted me because they can give a big profit, multiply my deposit faster, but in most cases everything led to the fact that, I either froze my money for a long time, or did not get the expected result. The Altcoins have taken my nerves very well, it's really true. Now there are very few of them in my portfolio, much less than before.

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