$13,000 is quite possible this week

[Husires]

Everything is possible if we look at the complications that can happen to the world, for example, when the Covid-19 pandemic was announced, this caused an unjustified drop in the price of Bitcoin, but the price quickly recovered in the medium term.

13k is very difficult in the short term, but it is possible and impossible to continue it in the future.
it will only happen with the occurrence of a unique event such as a crazy interest rate hike, an official declaration of recession, or an WAR III.

At this moment, the worst thing on my mind is breaking the long-term support line at $19,000.

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[sheenshane]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

If you're part of Bitcoin whales maybe that wish become true but I think that's impossible to happen to go down further $20k.
It's not easy for a whale to manipulate the price, it's also needed for them a massive capital to do this but they are happy to see many people will bite the trap by having FUD and sell their Bitcoin while at the dip.

A $13k rise is quite possible this week 

I tend to agree, it seems the price will resist this week.

[South Park]

It seems quite possible now, that's what we all are noticing. I am sure there is going to be panic if it touches $13,000 mark.

The panic is already taking place in the market, if we reached a price of 13k I think that would be the capitulation stage in which the price will not have too much room to go any lower than that, however while many people will worry at that point and maybe even think about the long term chances of bitcoin surviving, this will be an opportunity that we are not going to see for a very long time, and as such I will make the effort to get all the bitcoin I could at that point.

[Fundamentals Of]

I doubt this. If the price continues to fall, it must not be caused by dumping whales. It must be caused by fear or panic selling among small-time investors. It is, of course, very possible that the initial cause of all this bear market are whales taking profit, but if you predict that $13,000 is on the way because of possible whale dumping, that's far from happening. Whales are whales not because they sell when the price is low but because they gobble up what cheap Bitcoin weak hands are selling. Whales won't settle with a loss.

[GreatArkansas]

Personally, I will not be expecting the $13,000 anymore this time. If we will base the previous bull run/bear run cycles, this level is very impossible to reach again. But if ever it will be, a very mind-blowing, very huge amount of money will be lost in the cryptocurrency market.
Let's be positive it will not reach there.

[JakobFugger]

Everything is possible if we look at the complications that can happen to the world, for example, when the Covid-19 pandemic was announced, this caused an unjustified drop in the price of Bitcoin, but the price quickly recovered in the medium term.

13k is very difficult in the short term, but it is possible and impossible to continue it in the future.
it will only happen with the occurrence of a unique event such as a crazy interest rate hike, an official declaration of recession, or an WAR III.

At this moment, the worst thing on my mind is breaking the long-term support line at $19,000.

Below 19k you don't have big points of resistance until you get to 13k. It's really dangerous. Always good to remember that several funds and large investors entered after 2020 that will hardly hold if big tests occur at 19k.

Before that, there were several tests on the resistance of 29k, when it was broken, we arrived very quickly to the current price. Of course, there were several situations like Celsius and the whole market sinking. But we are in a delicate situation. And there are always weekends with low volume and high speculation to test new lows

[Darooghe]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

Read the below news:

https://cryptonews.com/news/celsius-tops-up-more-collateral-avoid-loan-liquidation-faces-eth-squeeze.htm

Whales are really hungry for major liquidation levels. The falling around $15000 is inevitable. We will have a SHORT-TIME shadow, so Get a short position now with good leverage and set up your take profits on $16852.

You will thank me later.

[Dave1]

Well it doesn't take a genius to see that's it's possible for the price to even go lower than what we are expecting. And with that said, others might take this a negative, but for the whales, they wanted this to happen because they have a good chance to accumulate again from those panic sellers. There are a lot of happenings around the world that has impacted the price recently and there could be more in the coming months that might pull down the price to this level, just saying, so just be ready.

[fzkto]

There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.

[doomloop]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

Anything is possible in bitcoin, to go really high or to go really low but I don't think this can happen this week. We have stayed in 27/28k for a couple of weeks so I am expecting it to do the same with other lower numbers. The dumps won't be instant but it will go slowly.

Being confused is not in the vocabulary of whales but they already planned their moves in advance. That is important for them because they are professionals. Btc can drop to a much lower price but this didn't remove the fact that btc is still the most valuable coin in the crypto market. They can sell massively only to dump the price but they can always buy more bitcoins once it dumped.

[19Nov16]

It did not expect that the price of bitcoin continued to fall and this week was more than 33%, this made a large panic and in my opinion worse than 2018, if in 2018 the price only dropped around 40% but until now the price has dropped more than 60% than ATH, This makes us have to be aware of panic and anything can happen.

[Darooghe]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

Read the below news:

https://cryptonews.com/news/celsius-tops-up-more-collateral-avoid-loan-liquidation-faces-eth-squeeze.htm

Whales are really hungry for major liquidation levels. The falling around $15000 is inevitable. We will have a SHORT-TIME shadow, so Get a short position now with good leverage and set up your take profits on $16852.

You will thank me later.

Liquidation updates on $14000. You can see on below link:

https://oasis.app/25977#Overview

So you can set you takes profits on $14K and make easy money.

[Reatim]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

The price still Holding above 20k level but yeah Literally 20k is the value now and i believe that there is a lowering chances to happen now .

if the price once fall down below 20k? then we will be seeing this 15k or even 13k lowest ever had after that 68k ATH.

[Jating]

It did not expect that the price of bitcoin continued to fall and this week was more than 33%, this made a large panic and in my opinion worse than 2018, if in 2018 the price only dropped around 40% but until now the price has dropped more than 60% than ATH, This makes us have to be aware of panic and anything can happen.

It could be worst if we goes down to $13k, as it is a huge crash coming from $69k. I believed that it can go down to $20k, and it will be the lowest low this bear market. But we are just barely half of the year at the start of the bear cycle and now we have achieved that already. So the future really looks bleak and that $13k might be possible but not sure if we can go that low this week. Just stay vigilant, I'm not going to say that we shouldn't panic, we should, but take this opportunity as a way to stockpile more BTC in our wallet.

[ethereumhunter]

There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.

But if it really happens, I can't imagine what will happen to the market because a lot of people feel hopeless because the price has dropped so drastically. If people could be more patient at this point, they would see an opportunity to buy bitcoin at a lower price, especially since it's already at $20k and $19k is almost touched. Let's just hope the bitcoin price doesn't plunge to a lower price.

[LoyceMobile]

There is a huge panic going on in the market right now, and this is a huge opportunity for many who are not afraid to buy bitcoin while others are afraid. I don't think everyone will be able to buy at 13k because that price probably won't happen. in 2018 and 2020 we also expected bitcoin to drop to 1k after 3k, but it didn't happen. Probably won't happen this time either.

But if it really happens, I can't imagine what will happen to the market because a lot of people feel hopeless because the price has dropped so drastically. If people could be more patient at this point, they would see an opportunity to buy bitcoin at a lower price, especially since it's already at $20k and $19k is almost touched. Let's just hope the bitcoin price doesn't plunge to a lower price.

A lot of people also see a buying opportunity. It always works both ways, and it always feels like Bitcoin's price is heavily manipulated.

See this post:

Keep in mind that the very top of bull markets, and the very bottom of bear markets, the narrative rhetoric is all the same:

Near the top of bull markets, the MSM and the "expert analysts" will all give you 1000+ reasons why the markets are going much higher. The uber bullishness hopium is off the charts.

And it often doesn't reach their lofty predictions.

Near the bottom of bear markets, the MSM and the "expert analysts" (often the same ones) will all give you 1000+ reasons why the markets are going much lower. The uber bearishness doom-and-gloom is off the charts.

And it often doesn't reach their lowly predictions.

This is all by design.

They want you to be "all in" at the top (because greed), and "all out" at the bottom (because fear).

[m2017]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

OK then. A scenario with a $13.000 price for bitcoin is possible this week. How will you personally act knowing this? Are you willing to take the risk and buy at this price, or do you prefer to sell like most panicked and fearful of further losses? The words that you need to buy when others are selling and vice versa have already been mentioned here many times. Now is just such an opportunity when you can follow these words.

[Tony116]

In my opinion, $13K is quite possible this week for Bitcoin. But whales are confuse for dumping more because they know Bitcoin has more value and it is undervalue around $13k. So more dumping means draining their bags so quickly. People are really hungry for Bitcoin in new inflationary era.

Bitcoin has plummeted over the past few days but it is still above the $20k mark for now. Bear market is not over yet and bad news continues to hit the market, bitcoin is likely to fall further but i don't think it will plummet to 13-15k this week with a pretty strong 20k support. IMO, bitcoin will have a slight rally and will probably sideways for a while then continue to decline.

[justdimin]

Not this week, a proper sell has to refute the upside case first.   A rush to conclude prices is not often the way BTC proceeds, people like excitement so expect everything now but its a bit of a slower process then that.   The world only turns once every 24 hours and some people are asleep right now, situation development requires involvement of many parties to achieve any kind of consensus and movement.  
  I kinda wish we'd see that low event this week (can be 19k or any price not sure yet) and then put it behind us but I dont think it occurs immediately as we are only just newly arrived in the 200 week moving average area.


Today we've been tracking back and forth across the 12hr average.   The first tiny part of moving upwards is returning positive on the latter part of the day at least.

Volatility is the thing that confuses their mind the most. They see the price move from 30k to 23k, which is a good chunk of loss for sure, however at the same time that is not something that happens every single day but it just confuses people because they see it "possible".

So next thing they think, "if it can go from 30k to 23k in a few days, then why not be 13k in a week? it did it so far and can do it again" which is why I believe it is quite possible. All in all, I believe that we shouldn't really cause it to be a big deal, I believe this is why there are so many people think that it shouldn't really be a big deal and could happen, when it won't.

[The Cryptovator]

It's possible also Bitcoin's current movement is unpredictable. I have seen on a Telegram group where people saying someone from NASDAQ predicts Bitcoin's bottom will be $13K. Although I don't believe it, but it's possible. Because everything is possible in crypto. But my personal opinion is the bottom would be $15K for Bitcoin and we can expect corrections from that points.