if you think 18k btc is low wait until autumn ...

[Leviathan.007]

Recently I see many topics from people where they say this price is the bottom and we will not any lower prices, they believe the 18K was the key support area, and its' not going to be broken like the other support areas. While we definitely cannot predict anything and make sure about the price even in the next a few minutes because we are trading and investing in cryptocurrency and bitcoin market where we can expect any price movements at any time, but from what we can see right now we are in a bearish market and any uptrend movement can be just temporary to reach lower levels.

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[crwth]

Here comes all the negativity with BTC. That's just sad that it's going to happen, but everything is a cycle, you know. That will be the challenge with whatever we are going on too. I hope that everyone involved with it doesn't get discouraged about being part of the cryptocurrency community. It's still best to know what you will do and when times are like this. It's best to have coins to purchase more coins. Buy more at a discount.

[Poker Player]

The OP sounds like a troll but it makes some sense because the return of summer has not been very good historically for the markets, with some crashes having occurred in October.

Although all these apocalyptic predictions make it seem like we have hit the ground, much like last year when we were in the $60-70K range, it looked like we were going to hit $0.5M in the blink of an eye.

[justdimin]

Every time bitcoin falls too much, there will always be those expectations that it's going to be the end of it. Let's just stop thinking that when the bear comes or when a correction gets in, it's the end of bitcoin. It won't end and have been told to be dead so many times and it ain't dead and it won't be. It's here to stay and no matter how low it can be, there will always be takers that would want to have those cheap bitcoins that have been sold in the market. That's the reason why remove it on your minds about bitcoin being dead.

This kind of condition is actually still in the normal stage and when compared to 2018 of course at that time it was much worse,
so as you said its better not to worry too much and think this is the end of Bitcoin,
I'm sure it's only a matter of time and stay patient waiting for the bull market

2018 was basically the worst of any crypto period ever. Maybe on early days there could have been a bigger fall I do not know, but that wasn't just about the fall. There was literally hopes lost in people when it first happened and that's the biggest trouble. Just realize that what we are doing right now is much better because there are people with hope all around the world, back then it was literally hopeless situation.

It took us years to get back because it took us years to trust that we could earn some more, and that is why we need to realize that it's not going to be that simple, it's going to take a long time to get back to a good price, but won't take as long as 2018 did.

[bakasabo]

The OP sounds like a troll but it makes some sense because the return of summer has not been very good historically for the markets, with some crashes having occurred in October.

Although all these apocalyptic predictions make it seem like we have hit the ground, much like last year when we were in the $60-70K range, it looked like we were going to hit $0.5M in the blink of an eye.

I think he is just a troll. Because he is giving a forecast that is based on something that has no logic. Whales moved money, people invested a lot. That is why Bitcoin price gonna fall down 20-40 times ? Why not fall 100 times ? Or why not reach the price of $9876,54 ? OP is just giving random number mixed with random reason. Looking through his posts, it seems that he does not understand why something virtual can have same cost as something physical. I think he just does not understand how supply and demand work.

[Sebas.tian]

[quote ]
I didn't think it would be less than 20000 usd. It was a disappointment for me as well. Now I'm assuming it could drop to $10k. But this is certainly not the end.Over time, the value of bitcoin will increase again. So long-term investors need not panic.
[/quote]

I don't think the price of bitcoin will decrease more than $15,000 because the green light is preparing to remain stable through out next month to allow long team traders to achieve something good from their investment. I think, many long team traders has stopped panicking because they came to discovered that this is the best time to buy bitcoin and hold for a better future to come. I believe bitcoin price will definitely increase higher before the end of this week for people to believe that bitcoin price will reach $70,000 before the end of this year 2022.

[Silberman]

3 days ago became the lowest price record since the last 2 years, the price reached $ 17700, and I did not expect that the price of Bitcoin was too fast dropped from ATH $ 69K to %17k, now we make a new target that continues to buy as long as we have a support that supports, the market Immediately rising and I am optimistic that June will be closed at the $ 25K level.

Since then we have seen a small and yet satisfactory recovery to 21k, it is not much but it is way better than the price to keep going down, now what we need to see is if the price will remain at the current levels for some time or if we are going to see even lower prices during the next months, and while I can deal with even lower prices, as this will give me the chance to get even more bitcoin, there are many people which will find it difficult to hold their coins under such scenario.

[Pomogator]

No wonder, as many people know that the Bitcoin chart is cyclical and the onset of crypto winter is coming very soon. Therefore, statements that bitcoin will never grow higher than before are nonsense. Use this moment as an opportunity to buy things that are unrealistic to find during the mining boom, such as a video card.

[jaberwock]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

But why will they wait for that season when they think 18k is already the lowest or the bottom for btc? But, for someone that is still optimistic about a new low then there's no need for you to say this as they already know it while some of them won't allow to miss this 18k low so they will use some of their funds to buy on this price range.

The price drop in 2019 are maybe caused by the pandemic but I think it's also the pandemic which makes the price recover because btc is a good medium to use for online transactions as people are advised to stay at home that time. There are still some effects left from the pandemic but it's not the cause of the drop anymore and I don't think the price in 2019 can repeat.

[iv4n]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

Well, I don't think that the Bitcoin price bottomed, we will see some lower levels as well, so we can agree on that! But it's trolling to say it will go to 500-1000 dollars, that sounds too much! The other day I was talking with some people and we were discussing $10k as some bottom, and one of the guys said something interesting, how many people are waiting for $10k or lower to buy... but when too many people expect that bottom usually the price doesn't drop that much and bottom is at some higher levels! He concluded that even now it's a good time for buying, under $20k!

2019 was good, but that year isn't the only good year for Bitcoin and crypto in general! The question is can we expect some of the next years to outshine all previous good ones!? I know in what answer I believe in, what about you?!

[2stout]

I think this valuation is quite a bit off.  Yes, it could and may drop again; however, the support levels in place won't allow it to get so low as far too many would be filling their bags.

[ChiBitCTy]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

This is of course complete conjecture and one I personally do not agree with.  I think we could eventually see lows as low of say maybe the $10,000 range, but bitcoin going all the way down to $500-1000 is likely nearly impossible.  I think there are far too many people who don't plan to ever sell or anytime remotely soon, that will continue to hold and buy which will prop bitcoin up above that 10k range.  Just my 2 anyhow.

[Semar Mesem]

I hope that the price doesn't fall again, today there was a small correction that made bitcoin another chance to drop below $20k, if this happened it would certainly cause panic like before, focus on the goal of profit, namely not to panic when the market drops.

[Jemzx00]

I hope that the price doesn't fall again, today there was a small correction that made bitcoin another chance to drop below $20k, if this happened it would certainly cause panic like before, focus on the goal of profit, namely not to panic when the market drops.

Hate to break it for you but there's a possibility that bitcoin may even drop lower than the current price but not as low as OP is referring. There's still a possibility that bitcoin and other crypto may even go lower on the following months however there's no need for us to panic as it is normal.

No worries, it is highly improbable that bitcoin will even go lower as 500-1000 USD as there are a lot of factors that will avoid this from happening. One factor would be support from certain price range. Also, the OP referring for whales cashing out will cash in on a lower price range. Let's just observe how the market goes and make our decision on how we can make profit with this kind of market.

[RussianEnglishTranslation]

There is a lot of debate whether BTC will go under 17500 again or if we already bottomed. I am using this as an opportunity to accumulate BTC, FTM, and ICP. If it goes down more, I will just buy more. No problemo.

[mindrust]

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot  in btc.

You are just pulling numbers out of your ass. Is it possible? Yes it can reach $1000 but not because you predict it. It is because anything is possible in crypto. It is very unlikely though. $10k is likely if the FED keeps increasing them rates but I don't think it will go lower than $10k.

It will just create more buying opportunities though. The FED will eventually lower the rates and when they do, bitcoin will climb back to a new ATH.

[Wong Gendheng]

Today is the Green Market again, although around 1%, although there is a big impact because there are many altcoins that I save are also green, even matic has gone up more than 24%, as long as Bitcoin is not Red, I am optimistic that Altcoin will continue to skyrocket, this is the importance of sharing Assets to Bitcoin and Altcoins.

[Ucy]

The issue is that typical whales have lost control. The control now resides in the hands of one person who can determine where it moves next. It could easily surpass 40,000 in 2weeks with or without the whales.
Bitcoin has one single whale for now. He is here with us

[Wawa2013]

Today is the Green Market again, although around 1%, although there is a big impact because there are many altcoins that I save are also green, even matic has gone up more than 24%, as long as Bitcoin is not Red, I am optimistic that Altcoin will continue to skyrocket, this is the importance of sharing Assets to Bitcoin and Altcoins.

Actually it's still not safe if the market goes up about 1%, there is still a possibility in the near future the market will go down again. So in my opinion,
don't be too happy with small increases, we still have to be vigilant and continue to monitor market movements. It seems that Bitcoin is currently
very difficult to rise above the $21k price, and my prediction is that if by next week Bitcoin still can't rise above the $21k price, there's a possibility that
the Bitcoin price will drop to a price below $18k. This is indeed a difficult situation for all of us, there is not much we can do other than be patient holding
the Bitcoins we have until the bull market comes. Regarding the movement of altcoins, it is indeed affected by the movement of Bitcoin, therefore
all altcoins are now at low prices too. But not all altcoins are worth buying in a bear market situation, make sure we choose top altcoins if we want
to buy altcoins during a bear market.

[Sithara007]

One thing is sure. The prices won't remain at this level for too long. If the prices don't go up significantly in the medium term, then there will be mass sell-off from the inexperienced guys who took loans to invest in Bitcoin. A lot of the individuals who made investment in 2021 did that assuming the prices will always go up. These guys have no memory of the previous bear-runs, which occurred in 2015 and 2018. I am preparing for sub-10K prices and this is the level when I will start accumulating in a major way.