Bitcoin fall below $30k

[Chato1977]

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

[1715248836]

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[MiF]

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

No matter what people say whether thier speculations true or not there is only one thing for sure and that is buying on dip is a big opportunity so i think we don't need to wait and look at the price dropping we need to do actions and that is buying. Don't believe on someone who says that the market will fall or rise do your own research.

[Tellek Garing]

As we are all aware of the volatility of the Bitcoin/cryptocurrency market which give the industry the speculative tendency to allow for analysis of the market from various analysts, as the week started in an unpredictable wave of downward movement which is the lowest for a long time since 2021 many predicted thirty thousand dollars price as the bearish minimum for this season but as at the time of making this post Bitcoin price is already below 30k region and this make me think what the next limit price will be I predict $25k as the lowest Bitcoin can fall to.

and there are some speculation i come around that this is not the end of bear market , because some says it will fall down below 20k this year .

though i doubt it will happen but best if we will be ready in case it come to reality .

If anyone expects the bear market to end any moment from now then that person must be joking and any expectations will prepare for more market, and if you have the opportunity to buy the dip it is most welcome.

The cryptocurrency market generally is full of up and down, for sure the bull market is going to come around but when that will be no body can predict it so we have to ride with the wave of the moment.

[wiss19]

You guys predicted it well that 30k will come but it doesn't mean that your next prediction will be accurate again and as we can see the price now is stabilizing at 29k and the month of may is slowly coming to an end.

After every new month people expects that the price will get better so maybe by the beginning of June, the price won't go down again but it will only go up, up to the point where we can make a new support and that will be above 50k or higher than it. By that said maybe you guys can start stacking bitcoins now. Don't be greedy and wait for more lows because maybe this is the last time we will see bitcoin below 30k levels.

[rahmatrf331]

why wait for bitcoin price below $30k don't get stuck with a greedy mind so you can't buy the right bitcoin price. now bitcoin has gone down to $29k so now is a good time to buy and don't go down again because it hasn't bitcoin can go down again.

[speedy963]

You guys predicted it well that 30k will come but it doesn't mean that your next prediction will be accurate again and as we can see the price now is stabilizing at 29k and the month of may is slowly coming to an end.

After every new month people expects that the price will get better so maybe by the beginning of June, the price won't go down again but it will only go up, up to the point where we can make a new support and that will be above 50k or higher than it. By that said maybe you guys can start stacking bitcoins now. Don't be greedy and wait for more lows because maybe this is the last time we will see bitcoin below 30k levels.

The way the market has been going since November last year, I really don't know anymore. Maybe it's just some error on my indicators and how I interpreted them in the last couple of months but I am still not too confident with btc right now. Although, it's doing good this Saturday and may possibly do well also tomorrow but it can also go even further down. Some are even speculating prices around 12k-19k which aren't that far fetched as well but either way, I won't be over buying or over DCA-ing. It's also what I recommend to most newbies right now. It's good to stack on bitcoin and other great altcoins out there on bearish seasons but if you think you have already invested enough, then don't invest any more than you already have. Always leave extra for better prices or moments where there is a huge chance of reversal with a lot of confirmations on your chosen indicators.

[Silberman]

If anyone expects the bear market to end any moment from now then that person must be joking and any expectations will prepare for more market, and if you have the opportunity to buy the dip it is most welcome.

The cryptocurrency market generally is full of up and down, for sure the bull market is going to come around but when that will be no body can predict it so we have to ride with the wave of the moment.

And unfortunately for us this seems to be the correct read, the bear market seems to be here to stay and it is going to remain here for a lot of time, many of users were expecting that this was a supercycle in which the price of bitcoin could keep growing up, even if at a slower pace, over a longer period of time, but it seems that at the moment bitcoin is not ready for this and we must endure another bear market, I just hope that is not as bad as the crypto winter we  had to experience after the 2017 crash.

[Falconer]

No matter what people say whether thier speculations true or not there is only one thing for sure and that is buying on dip is a big opportunity so i think we don't need to wait and look at the price dropping we need to do actions and that is buying. Don't believe on someone who says that the market will fall or rise do your own research.

True, nothing requires anyone to trust 100% of the opinions and analyzes of others if you want to invest. Do your own research and it is the best advice so far. In some cases, there are indeed some opinions and analyzes of others that are still better than ours but should not be construed as financial advice. The decision to invest is made on our own conscience and will, so we are responsible for it.

In order to maximize the opportunities, buying on the dip is probably the advice many experienced traders or those with experience mention. That's good to consider, but it doesn't matter if they have different strategies.

[ItsCrafty]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

[Jating]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

Good for me, simple and yet very effective strategy in a bear market. For me, I have to learn it the hard way, but during the tail end of the bear market and the start of a bull run, was able to hold and save a lot of bitcoin so it's a win win for me.

For the price going below, again, this is a good opportunity to buy. And it seems this price range will stay for us for quite some time now so don't missed it.

[Pamadar]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

Good for me, simple and yet very effective strategy in a bear market. For me, I have to learn it the hard way, but during the tail end of the bear market and the start of a bull run, was able to hold and save a lot of bitcoin so it's a win win for me.

For the price going below, again, this is a good opportunity to buy. And it seems this price range will stay for us for quite some time now so don't missed it.

You needed to established working strategy before you take your step in investing your money,

there are many twists and many factors that we needed to consider in taking our participation during the bear season.
First and most important is your allocation. Make sure that you are willing to let go or to hold tight in case the market
turn against you. Emotionless trading practices will give you a better chance of getting profits from any market movement.

[rodskee]

$25,000 is always possible this time. But I believe if ever it will happen, that will be the first time that Bitcoin will visit again $25,000 after the start of the year 2021 which we created a new all-time-high after a long bear run during 2017-2018.
If ever that will happen, the next stop is $20,000, or just a very long wick only.

it is still good that we did not fell down that low , though almost breaking below 25k last week so the chances is always there as the market is still not stable and the capitalization keeps on increasing/decreasing over the day.
I am looking for at least 35k to be the start of another bullrun.

[Reatim]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

That is a different attitude mate , like us who take this opportunity to Buy more and add in our holdings , yet there are others who are very afraid of the dump and selling their funds in losses.
so you are good because you have the guts to keep holding and buying but we are the one who helps the market stay strong even in this darkest days.
maybe lets keep this up and never be affected of the manipulations that happening nowadays .

[arwin100]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

That is a different attitude mate , like us who take this opportunity to Buy more and add in our holdings , yet there are others who are very afraid of the dump and selling their funds in losses.
so you are good because you have the guts to keep holding and buying but we are the one who helps the market stay strong even in this darkest days.
maybe lets keep this up and never be affected of the manipulations that happening nowadays .

That's how normal crypto cycle works because not everyone cannot take to hold and be on positive mindset for seeing the market moves in bad manner. Even if bitcoin show strong recovery after the dump still this is not enough assurance to weak handed person because not everyone believe that there's a recovery that will happen and they mostly believe on fud which commonly spread once there's a dumping state happen in the market.

[Pesona1]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

Just like you, I am also surprised by some traders, when the price of bitcoin experiences a high enough increase they hope that the price will experience a correction to enter the market, but when the price is corrected low enough like now they actually experience excessive fear and choose to save the money, so  I don't know when is the right time to buy bitcoin, is it when the price is down or when the price is going up?

[24Kt]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

Just like you, I am also surprised by some traders, when the price of bitcoin experiences a high enough increase they hope that the price will experience a correction to enter the market, but when the price is corrected low enough like now they actually experience excessive fear and choose to save the money, so  I don't know when is the right time to buy bitcoin, is it when the price is down or when the price is going up?

In my opinion, the right time to buy bitcoin is when you have extra funds to spare with. Don't spend if you think you have urgent financial needs as you may force to sell even if at a loss. And if you are a believer of this market, you will be slowly buying some satoshis right now while it is below 30k. Because it is only a matter of time before it goes up again. But just like I said, the right time to buy is when you have spare funds that you think you can very well afford to lose.

[Reatim]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

That is a different attitude mate , like us who take this opportunity to Buy more and add in our holdings , yet there are others who are very afraid of the dump and selling their funds in losses.
so you are good because you have the guts to keep holding and buying but we are the one who helps the market stay strong even in this darkest days.
maybe lets keep this up and never be affected of the manipulations that happening nowadays .

That's how normal crypto cycle works because not everyone cannot take to hold and be on positive mindset for seeing the market moves in bad manner. Even if bitcoin show strong recovery after the dump still this is not enough assurance to weak handed person because not everyone believe that there's a recovery that will happen and they mostly believe on fud which commonly spread once there's a dumping state happen in the market.

Care no more to weak handed people mate because they are worth less to mentioned, imagine even how good the movement is? still they will find ways to seek for question and be panicking to sell their funds.
I think what we need here? is the idea that even Dump and PUmp is an advantage, sell when pumping and buy when dumping .

[tygeade]

That is a different attitude mate , like us who take this opportunity to Buy more and add in our holdings , yet there are others who are very afraid of the dump and selling their funds in losses.
so you are good because you have the guts to keep holding and buying but we are the one who helps the market stay strong even in this darkest days.
maybe lets keep this up and never be affected of the manipulations that happening nowadays .

That's how normal crypto cycle works because not everyone cannot take to hold and be on positive mindset for seeing the market moves in bad manner. Even if bitcoin show strong recovery after the dump still this is not enough assurance to weak handed person because not everyone believe that there's a recovery that will happen and they mostly believe on fud which commonly spread once there's a dumping state happen in the market.

I understand that there are times when bitcoin could be lower than expected and that is bad for some people and we should be ready for those because of the market cycles. However, I also understand people who see their investments go down a lot and get scared because of it as well.

I get that we shouldn't be scared and we should be even excited for it because it would allow us to make a profit if we buy it cheap. But not everyone can think like that, this is the part where we talk about leaving emotions out, but it is not that simple and it causes a bit of a trouble as well. I do not know how to fix that, but I understand them and find it logical to get scared even though it is the wrong move.

[btc78]

Surely this is sad for me, I bought Bitcoin when the price of October 2021 was more than $ 54k, and sold partly when the price of $ 46k, now the price of dropped below $ 30k, of course this is the thing that makes many investors panic, but I will try to do the analysis whether it will hold or sell.

wait what? bitcoin cross and recorded the ATH back in November 2021? https://coinmarketcap.com/currencies/bitcoin/ then how come that you sold at 46k but did not sell in 68k? seems like your story is not related to what happened to the market recently.

I am getting tired of all this price falls, article and topic with price change discussion. No matter what everyone discuss or predict, Bitcoin is following his own price flow.
I have chosen tactics to observe and not interfere in trading for at least a year. No use be nervous and lose nerve cells thinking about price changes. I'd better switch on something else to try to learn new.

We can just Ignore them , or do not contribute to the discussion ..

but we can still read some for a chance to buy more.

[Silberman]

Im holding. Not just holding, but also buying more bitcoin. People selling at dips and fomo buying at highest price all fools. Everytime it goes down everyone gets worried its going to zero. So they dont buy when they should be buying.  I dont think bitcoin will ever go to zero. Some altcoins future got erased with this tho.

It is nice to see that there are some people that get it, it is true the price of bitcoin can go down from time to time but if we look at the charts we see that on average the price of bitcoin only does one thing and that is to go up, so to buy it when its price is at the low side is without a doubt a good choice, now the price may get even lower than the current levels but for someone that is determined to hold their coins for the long term such a thing should not matter at all.