$13,000 is quite possible this week

[snipie]

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.

I hope Bitcoin will stand at the +20k level so we can see it raising again soon. I am worried a price under this level will make the resurrection of Bitcoin harder, I mean, it will take months or even years to see it getting back to +30-40k which is very upsetting for most people who bought above these levels. I believe many panicked and sold their savings. Personally I will keep it whatever it will cost in this short / medium term!

[Renampun]

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.

looking at bitcoin price history (a few years ago) it's very likely that BTC's ATL will hit $15k (I didn't think it would go to $13k)...

the whales are playing with the market using the inflation issue, when the price goes down, they will definitely refill their bag and buy more BTC. before the bulls happen, the best moment to buy bitcoin is now.

[Hypnosis00]

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.

That you kidding man, that was fast to reach that low. If that may happen, whales are too happy and to the rescue of buying more Bitcoin but I guess this never happens to Bitcoin. We're still at $22k, which isn't bad to look at and not a thing to worried.

Last bear season we reach down to the bottom at almost $3k but this time, I was predicting $20k is the bottom already and we are very close to that. However, the surge of demand lately, it comes to help the market by lifting it from the low position which is why we are seeing some inclines in the trend. We have these whales and we are thankful to these huge investors who are still holding and even accumulating more, they help to save the market from dropping more.

[STT]

Its fairly straightforward reversion above the prior decline at present.   Both mid day and 2 day averages if we stay above that in any normal way for this daily bar I think we're ok for the moment because we can reference that the FED rate news came out and we have a possible relief rally from that.  It'll be clearer in 24hr hours but I presume we must work out these prices where we lie just above the 200 week average.  Similar to when we rise alot, the price action must be digested by all parties.
  Later on we might resolve downwards but its abnormal to only move in one direction from my experience its never been that simple.  This is a higher low, a good guess some will speculate upwards and we trade on that for now

[Captain Corporate]

It is basically something depending on the outside situations being big or not. Simply put, FED increasing rates could have made it 13k for example, increase it big enough and you are going to get a ton of money out of the markets and into interest which would make it difficult for people to keep on profiting at crypto so they will leave. All in all, its not just about crypto falling for itself out of nowhere, if 13k will ever be reached again, it will be because of something that is irrelevant to crypto itself directly, but does have an impact on it anyway, which is not impossible and could definitely happen.

[Oceat]

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.

I hope Bitcoin will stand at the +20k level so we can see it raising again soon. I am worried a price under this level will make the resurrection of Bitcoin harder, I mean, it will take months or even years to see it getting back to +30-40k which is very upsetting for most people who bought above these levels. I believe many panicked and sold their savings. Personally I will keep it whatever it will cost in this short / medium term!

There's nothing wrong if it drops at $15k soon since that is the best time to buyback/reinvest before holding until the next bull market. But $15k is just too much I think maybe it will stay there then goes back to pump back again back to $20k+ since that is how volatile the market. But it's just too fast to think that the bottom would start this year or this month although the results showing that it is indeed going there.

[ultrloa]

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.

I hope Bitcoin will stand at the +20k level so we can see it raising again soon. I am worried a price under this level will make the resurrection of Bitcoin harder, I mean, it will take months or even years to see it getting back to +30-40k which is very upsetting for most people who bought above these levels. I believe many panicked and sold their savings. Personally I will keep it whatever it will cost in this short / medium term!

There's nothing wrong if it drops at $15k soon since that is the best time to buyback/reinvest before holding until the next bull market. But $15k is just too much I think maybe it will stay there then goes back to pump back again back to $20k+ since that is how volatile the market. But it's just too fast to think that the bottom would start this year or this month although the results showing that it is indeed going there.

That would be the nicer thing to happen for those investors which already secure their profits at high price and if the price of bitcoin would really go to $15k which I also think to much for sure many whales will do buy back because this is much cheaper reached compare to the ATH acquired before. So maybe this will be the valid grounds for investors to accumulate because they see this as golden stage to gain for another round again.

[Sir Legend]

I hope the bitcoin price doesn't drop below $20k, a few hours ago the bitcoin price was at a low of $20400, I thought to sell all the bitcoins in my wallet, but after I woke up the bitcoin price had reached $22k or rose more than 3 % compared to yesterday.

[Bitcoin2009]

Today's price has gone up more than 6% and is approaching $23, and slowly the price of altcoins is also rising so that we don't panic anymore, maybe many will buy again but I suggest after buying be patient and not panic so you don't lose, successful investor is to buy when the price is low and sell when it is profitable.

[mich]

I really hope that bitcoin does not drop anywhere near 13K. However, after the government's massive overspending during the pandemic and the war in Ukraine still going nothing would surprise me.

If bitcoin did make a correction below 13K, I will 100% be buying quite a bit more. I’m bullish on BTC and I know what an integral role the Blockchain will play in the financial architecture of the future.

I have no doubt that BTC will make huge gains in the near future and I’m confident in my position, it’s just hard to say how bad the global economy will crash in 2022.

[Ojengonggu]

I really hope that bitcoin does not drop anywhere near 13K. However, after the government's massive overspending during the pandemic and the war in Ukraine still going nothing would surprise me.

If bitcoin did make a correction below 13K, I will 100% be buying quite a bit more. I’m bullish on BTC and I know what an integral role the Blockchain will play in the financial architecture of the future.

I have no doubt that BTC will make huge gains in the near future and I’m confident in my position, it’s just hard to say how bad the global economy will crash in 2022.

It has fallen like what we are going through now.
And it's not a necessity anymore because the second thing happened but it's a price change and correction in the last few years.
To approach the price of $13k I don't think that's happened yet and I'm sure with the current price range of $21k bitcoin will end up going down at least $15k that's for sure.

[btc78]

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.

Lucky that we are now facing increase , I thought that the dumping will continue to below 20k but yes now? we are seeing some good movement as the market is showing greens.

https://coinmarketcap.com/currencies/bitcoin/

But I am not closing the chances of dumping again but at least there is some light now in our market flows.

[Jawhead999]

Lucky that we are now facing increase , I thought that the dumping will continue to below 20k but yes now? we are seeing some good movement as the market is showing greens.
https://coinmarketcap.com/currencies/bitcoin/
But I am not closing the chances of dumping again but at least there is some light now in our market flows.

If you have do both of fundamental and technical analysis to get a conclusion if this season is actually a bear season, but now the price slightly recovered and didn't continue to drop, it's called a bull trap. Usually this happen because the whales are buying the dip with huge amount money, that's make the market is green. But after there's no huge demand and people were panic, it will continue to drop until the weak hands gone.

[lizarder]

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.

People will collect as much bitcoin as possible in a corrected market condition like now, but we also have to be aware, that the whales will make a surprise after this correction phase recovers, if it has a chance to buy, then do as much as possible, because I'm pretty sure in the future Bitcoin will pumped to a higher price, I remember very well that 2017 to 2021 bitcoin was at such a high selling price, and in the future it is not impossible that this will happen again

[bluebit25]

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.

I don't know how feasible it is, but I am still considering the possibility of buying some more BTC for myself. Even if the range could be $1000, I feel it should not be too much of a concern. for BTC. Although I'm not too convinced of the goals people are talking about, I still feel the scent of FUD creating an opportunity to stock up, and if I stand outside and wait for a good time to buy, there is not much to say. Only those who have been investing with losses will feel more tired of this situation. And of course, the one thing that I see in someone's disappointment is also an opportunity to seize.

[Frengki_cisco]

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.

I've read some social media discussing Bitcoin, their predictions Bitcoin will fall to the level of $ 10k around October or November, for sure we will see the results of their predictions that I have read.

For me thin expectations of $13k in this month.

[Pesona1]

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.

Lucky that we are now facing increase , I thought that the dumping will continue to below 20k but yes now? we are seeing some good movement as the market is showing greens.

https://coinmarketcap.com/currencies/bitcoin/

But I am not closing the chances of dumping again but at least there is some light now in our market flows.

Bitcoin is starting to look green for now but I don't think it will last long, there is still a lot of panic from the whales by dumping bitcoins at cheap prices that will obviously push the bitcoin price back down, currently bitcoin price is at $20K level and this could be a support level so when the sentiment is negative and the whales continue to dump bitcoins of course the bitcoin price has the potential to fall lower than $20K again.

[tn211]

Na i believe it will happen slowlg. We end up doing the same thing at 28k for some months here at 20/21k.

Wil not start buying starting q1 2023.

[Joshapat]

It is difficult if Bitcoin continues Red, I hope the market does not repeat the bad period that occurred in 2014 when the price of 2013 reached $ 1100 and then dropped below $ 150 in a short time, then the next bad trend occurred in 2018, many always connect with The trend of 4 years and until now is a fact.

[Questat]

It is difficult if Bitcoin continues Red, I hope the market does not repeat the bad period that occurred in 2014 when the price of 2013 reached $ 1100 and then dropped below $ 150 in a short time, then the next bad trend occurred in 2018, many always connect with The trend of 4 years and until now is a fact.

Well, I strongly believe that it never happen again. In fact, if we base on their previous bottom price during the bear season, it is gradually increasing. Such an indication that despite the possible corrections, the market crash, or may the history repeat itself but never I think the price and in every 4years cycle will be the same. I would say that the price of Bitcoin won't drop below $20k. I may be wrong but that is my assumptions seeing the mindset of the people had changed after the last 2018-2020 bear season.