Where will Bitcoin stabalize??

[Bitcoinking99]

At present it is very difficult to say where Bitcoin will be stable.  In the three months of April-May-June of each year, the price of BTC coins has been declining.  May 21 and June prices have dropped.  Since July 2021, Bitcoin has grown like a crazy horse.  Bitcoin Low Market Bitcoin Low Market has started from May-June 2022.  I myself have invested heavily in cryptocurrency.  None of you will lose faith in Bitcoin.  Because the market conditions are very bad in May and June every year.  From the beginning of July, the market will go back to the previous level.  Looking back, I would say that everything will be fine in early July.  Many people say that Bitcoin is not stable but I think Bitcoin is stable.

[Mauser]

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

It's really hard to predict how long this correction is going to last and when we will hit the floor. I didn't expect for the Bitcoin price to drop so quickly below 20,000 USD, somehow I hopped there would be more support at that level. Right now it seems investors are scared and afraid to touch any crypto coins that aren't stablecoins. Some doomsday investors are already a drop down to 3000 USD like 2019, that is a bit unrealistic for me. Once we are below 10,000 USD I would expect a lot of investors to start buying again. As for technical analysis they see a support level between 14 and 17,000 USD, after which investors should come back to the market. AT 17,000 USD was also the floor that Rober Kiyosaki stated to start buying Bitcoins again. But still, I am wondering who is selling his bitcoins now at 17-18,000 USD, it seems like a bad trade to me. Why not just hold the coins and sit out this bear market?

[cryptosize]

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

It's really hard to predict how long this correction is going to last and when we will hit the floor. I didn't expect for the Bitcoin price to drop so quickly below 20,000 USD, somehow I hopped there would be more support at that level. Right now it seems investors are scared and afraid to touch any crypto coins that aren't stablecoins. Some doomsday investors are already a drop down to 3000 USD like 2019, that is a bit unrealistic for me. Once we are below 10,000 USD I would expect a lot of investors to start buying again. As for technical analysis they see a support level between 14 and 17,000 USD, after which investors should come back to the market. AT 17,000 USD was also the floor that Rober Kiyosaki stated to start buying Bitcoins again. But still, I am wondering who is selling his bitcoins now at 17-18,000 USD, it seems like a bad trade to me. Why not just hold the coins and sit out this bear market?

Herd Mentality 101

Most people are dumb animals.

[GreatArkansas]

I think it will be stabilized after June. This month has historical data about the dumping situation.
Every year in June we will see such kind of drama, panic selling will be increased a lot in June and December.
(...)

With this very huge drop, this given time seems very early to hope Bitcoin will become stabilized and the drop will stop.
Another thing about this is my last hope; the bitcoin block halving, which we saw in the past every time the bitcoin block halving is fast approaching, the price is starting to rise or and I can consider a bull run is starting.

[cryptosize]

Another thing about this is my last hope; the bitcoin block halving, which we saw in the past every time the bitcoin block halving is fast approaching, the price is starting to rise or and I can consider a bull run is starting.

The next halving will be very close to CBDC launch + UBI (translation: tons of stimulus is coming), which should also bolster the next bull run.

There's also a possibility that institutions & mega-corps are mopping up the market (courtesy of weak hands) as we speak... we'll see in 2025.

[CaVO32]

I think it will be stabilized after June. This month has historical data about the dumping situation.
Every year in June we will see such kind of drama, panic selling will be increased a lot in June and December.
(...)

With this very huge drop, this given time seems very early to hope Bitcoin will become stabilized and the drop will stop.
Another thing about this is my last hope; the bitcoin block halving, which we saw in the past every time the bitcoin block halving is fast approaching, the price is starting to rise or and I can consider a bull run is starting.

In all honesty, no one can tell when will bitcoin will stabilize. We are all just mere observers in this market and we are just reacting whatever the market will behave. Even if there are news and other developments surrounding crypto, up until now, we can't pinpoint the major contributors on how will the market perform. Some news may influence the market but still no one can precisely predict what will happen to this market, even for the next 24 hours or so.

[blockman]

Another funny thing that I've read today is about Peter Schiff telling that there's no future for bitcoin but there's a future for crypto. That doesn't make sense right? The whole crypto market is on the shoulders of bitcoin and if he's telling that he's probably also getting into bitcoin? He's starting to tell things like this which we knew that he's been a bitcoin basher and bear ever since. And with the stabilization of bitcoin, we just think of it as volatile as always and will never get to the point of being less volatile.

[uneng]

Another funny thing that I've read today is about Peter Schiff telling that there's no future for bitcoin but there's a future for crypto. That doesn't make sense right? The whole crypto market is on the shoulders of bitcoin and if he's telling that he's probably also getting into bitcoin? He's starting to tell things like this which we knew that he's been a bitcoin basher and bear ever since. And with the stabilization of bitcoin, we just think of it as volatile as always and will never get to the point of being less volatile.

When people say such things it's because they want to take advantage of the blockchain concept through the altcoins they support or in politicians' case it's more likely they are shilling for CBDCs. Bitcoin is still a threat for the political system, because it gives people an alternative to the failed fiat system these politics have influence over, so of course they are going to blame BTC always they see a chance, just like now, with the recent crash.

Once bitcoin stabilizes and shows some recovery signals the attacks must decrease considerably, although it's unpredictable at this point. Even the earliest adopters aren't sure yet. All we can do for now is to keep holding, while avoiding FUD spread by mainstream personalities.

[Crptomagma]

In my own opinion I think the stability in btc price should be around half of 2023, buying is the only thing that is advisable...looking at the market cap ...

[blockman]

Another funny thing that I've read today is about Peter Schiff telling that there's no future for bitcoin but there's a future for crypto. That doesn't make sense right? The whole crypto market is on the shoulders of bitcoin and if he's telling that he's probably also getting into bitcoin? He's starting to tell things like this which we knew that he's been a bitcoin basher and bear ever since. And with the stabilization of bitcoin, we just think of it as volatile as always and will never get to the point of being less volatile.

When people say such things it's because they want to take advantage of the blockchain concept through the altcoins they support or in politicians' case it's more likely they are shilling for CBDCs. Bitcoin is still a threat for the political system, because it gives people an alternative to the failed fiat system these politics have influence over, so of course they are going to blame BTC always they see a chance, just like now, with the recent crash.

Once bitcoin stabilizes and shows some recovery signals the attacks must decrease considerably, although it's unpredictable at this point. Even the earliest adopters aren't sure yet. All we can do for now is to keep holding, while avoiding FUD spread by mainstream personalities.

Bitcoin's also a threat to the banking system. Because instead of their customers depositing money to them, there's now the idea that they can be their own bank.
And that's what is bitcoin for these days, we hold our money and as well as our investment. In that case, the pro-fiat and finance system are arguing and against to this madness because they're the ones that will be firstly to be affected by its major downturn.

[sklopan]

I do not think that in the near future we should expect stability. Considering the state of the market, this is probably only a dream for now.

[pakhitheboss]

In my opinion it will trade between the range of 18k to 20k for quiet sometime now. I think this is because of uncertainty, as their can be a global economy depression like the one we hand in 2008. The thing is that we all thought that Bitcoin will not get affected by the world economy but the truth is it does.

[PX-Z]

The thing is that we all thought that Bitcoin will not get affected by the world economy but the truth is it does.

It always does, people with big names usually speak like bitcoin is a hedge against inflation due to limited supply and it will just grow time after time and may decrease due to correction or bear season but just a bit. But look at now, almost over 50% of its value decrease in just a month due to world issues. I don't hate bitcoin if you're going to tell me that, it's just people always over hype bitcoin against inflation.

[Rigon]

There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in.
The fall of celsius, though it rebound back is another chip down
Many crypto exchanges are laying off employees.
Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.

How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize

The market is completely out of control at the moment. No man-made analysis is currently working.The market is moving at its own pace.When the bitcoin market exceeds $20k and stands at $17k but people lose a lot of confidence from the market.However, if the market is fixed in a certain place, people will regain confidence in the market I think if the Bitcoin market stabilizes between $36k and $48k dollars, it will become a fairly reliable market for everyone.

[yhiaali3]

In these difficult global economic conditions, the economies of major countries are in great decline and global markets are in a state of deterioration, the Russian-Ukrainian war has caused a significant negative impact and led to high prices and high energy costs, all of these things are making things turn for the worse and it is difficult to predict when this bearish market will stop, But in my personal opinion, if Bitcoin manages to hold at the $20,000 area, this is a very good positive sign and an indication of a near upside. Let's wait for the monthly closing and then we can judge.

[taufik123]

The market is completely out of control at the moment. No man-made analysis is currently working.The market is moving at its own pace.When the bitcoin market exceeds $20k and stands at $17k but people lose a lot of confidence from the market.However, if the market is fixed in a certain place, people will regain confidence in the market I think if the Bitcoin market stabilizes between $36k and $48k dollars, it will become a fairly reliable market for everyone.

If you look at the Daily chart, Bitcoin is still in a downtrend Console. $17k becomes a strong support point, if it breaks it will lead to bearish support in the $14k-$12k price area.
The market is still unstable and is still trying to reach the Flip Trend point.
The bitcoin market excitement will return again if it succeeds above the $35k price. We just need to hope that there is no negative sentiment about bitcoin so that there is no significant price effect. Bulls are coming.

[n0ne]

In my opinion it will trade between the range of 18k to 20k for quiet sometime now. I think this is because of uncertainty, as their can be a global economy depression like the one we hand in 2008. The thing is that we all thought that Bitcoin will not get affected by the world economy but the truth is it does.

What we experience right now is kind of stability gain. Maybe this could push the market or could drop down. The global impact too is disturbing the market, and this is all because of its adoption and widespread happening around. If this hasn't coexisted with the traditional market, now the market movements could've been something different from what we're experiencing.

In the beginning days the impact isn't felt much, as the market isn't that big. Now slowly things have changed and the same is making unexpected moves in the market.

[GeorgeJohn]

In my opinion it will trade between the range of 18k to 20k for quiet sometime now. I think this is because of uncertainty, as their can be a global economy depression like the one we hand in 2008. The thing is that we all thought that Bitcoin will not get affected by the world economy but the truth is it does.

we should ask ourselves what is the world economy first before concluding or come to conclusion. From what i noticed, bitcoin has its own way of regulations and what stablize it's value. And it's very obvious that it's the demand and supply of cryptocurrency. And it happens due sufficient and insufficient level of investor's who return to the market or demands for cryptocurrency. The only thing bitcoin validation is negative information which portray or speculate negatively about disvalue or no regards of cryptocurrency or war crisis's.

[Penelope Wheeler]

I don’t think that the bitcoin prices will ever stabilise because if they do, there won’t be any market. No traders would buy it and no one would sell it and obviously, there won’t be any profits. It will become a fiat currency that not all shops accept. The Bitcoin holders will have their investments going in vain.

[Retiicle]

It’s hard to tell. But analysts are saying that will go down to 12k.