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

[Sang Prabu]

I think the current price position is still easy to drop below $ 18k, if the price has returned to $ 30k I am optimistic that there will be no big correction, it might take a month to say that $ 18k is the lowest price until autumn.

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[Cryptmuster]

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.

Why not? I assume that now bitcoin will move in a certain zone for quite a long time, perhaps it will be from 19k to 22k. And the movement will be considerably long to exhaust everyone and get people used to the new price, and after that there will be a further drop down. It is difficult to say where the price can fall and it is not clear whether it will be possible to buy at the very bottom, but we will still see lower prices, I think this may happen at the end of summer.

[Jody.Drummer]

Why not? I assume that now bitcoin will move in a certain zone for quite a long time, perhaps it will be from 19k to 22k. And the movement will be considerably long to exhaust everyone and get people used to the new price, and after that there will be a further drop down. It is difficult to say where the price can fall and it is not clear whether it will be possible to buy at the very bottom, but we will still see lower prices, I think this may happen at the end of summer.

If you look at the current conditions, I really agree with your assumption because in this case there are several factors that make this even more difficult, especially, global macroeconomic conditions that are also constantly changing which indirectly also has a quite pronounced impact on bitcoin.
I think the deeper decline will continue because the current market movement takes a long time to form.
Looks like we'll be waiting a little longer now.

[Nrcewker]

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.

Cmon we need to atleast show some faith on the coin.
Don’t think Bitcoins as Luna or anything else, it’s the OG Bitcoins, which is still valuable for many people.
I don’t think Bitcoins will go so down, not this year atleast.
Moreover as soon as the bear market will end, soon Bitcoins will again gain pace and will break the resistance.
Many veteran traders are expecting Bitcoins to cross all time high till December. Still it’s Bitcoins, so no gurantee and anything can happen anytime.

[tn211]

Wait till 2023 june/july. Before the halving we can see momemtum building and yes from there we hopefully go back to our previous ATH. These times are really saddening. Miners selling bitcoin with loss, economic crisis coming. Things are not looking good for crypto. Not good at all. When I look at my portfolio, i feel very very sad. But yeah it's part of the game right. You risk, you win or lose..

[Lubcub62]

let's see. but I think the possibility to get there is very far. the bottom I think to $ 10k . but nothing is impossible if from $17 it will go back up and not down again. It also depends on the world economy. if the world economy improves. then optimism goes up again. If the economy worsens, prepare for the worst. although I didn't think it was that bad.

[Silberman]

Wait till 2023 june/july. Before the halving we can see momemtum building and yes from there we hopefully go back to our previous ATH. These times are really saddening. Miners selling bitcoin with loss, economic crisis coming. Things are not looking good for crypto. Not good at all. When I look at my portfolio, i feel very very sad. But yeah it's part of the game right. You risk, you win or lose..

Truth is things are not looking well for the economy in general and not only for this market, central banks around the world are trying to slow down the inflation they created during the pandemic but I think we already reached the point in which this is not possible anymore, and while this will mean a decrease in the price of bitcoin during the short term, at the same time I think we are bound to see bitcoin performing well over the long term despite the economic crisis we have to face.

[ultrloa]

Wait till 2023 june/july. Before the halving we can see momemtum building and yes from there we hopefully go back to our previous ATH. These times are really saddening. Miners selling bitcoin with loss, economic crisis coming. Things are not looking good for crypto. Not good at all. When I look at my portfolio, i feel very very sad. But yeah it's part of the game right. You risk, you win or lose..

That's far to happen and we need to focus on current events because we possibly see some heart breaking dumps, that's why we need to prepare about this since the speculated price to reach up is at possibly $12k but lets do hope that this price will not get reach because if this target broke up most provably panic selling will happen then we might see more worse scenario where many people lose their money lets pray heavy bad times will not happen.

[justdimin]

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.

I would guess that the price could go up and down a lot during this period, and we would have to face this fact for a long time and we will worry which direction it will go until it happens. Think about it this way, we had this for a long time but we recovered a bit right now, right? I mean remember the 28k-31k period? We had that and then it dropped to here, which shows that we could literally go down from here, and that is a reality we have to accept.

At the same time, I remember a million other times when we got stuck between two prices and then went up as well. So, we have no idea which one it will, but both are possible and we need to be ready for them.

[Minecache]

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.

Why not? I assume that now bitcoin will move in a certain zone for quite a long time, perhaps it will be from 19k to 22k. And the movement will be considerably long to exhaust everyone and get people used to the new price, and after that there will be a further drop down. It is difficult to say where the price can fall and it is not clear whether it will be possible to buy at the very bottom, but we will still see lower prices, I think this may happen at the end of summer.

Same opinion, bitcoin will move sideways 19k$-22k$ for a long time and then may continue to correct down causing the weak hands to get bored and have to sell all their bitcoins.

We can't predict where the bottom will be for bitcoin, so at this point we should DCA gradually. It's my opinion that bitcoin will reach $15k during this bear cycle.

[ChrisPop]

It is going to be a rough winter especially with those who live in countries that actually have a winter season due to their climate. With energy prices surging and overall inflation the average joe will be struggling to meet monthly expenses.

Regarding assets though like Bitcoin only time will tell if we already had the macro bottom or there is still more to go.

Wages should increase in time due to inflation and economic growth, so will the purchasing power of the population. So if Bitcoin continues its ascension towards a globally recognized instrumet for storing value over the long-term $100k might be quickly "checked" in the bull run and we may assist a fast ride to the legendary $1M mark

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

Remember that every time someone sells something, someone else is taking the counter part. So whenever there is a seller, there will be a buyer.
You can't know the intentions of market participants. If you would you would catch the bottoms and the tops close to perfection.

[2stout]

And as we speak, even though it's still early, looking like we may have already hit bottom.  Gotta a strong feeling the "if you think 18k btc is low wait until autumn" statement is not going to age well at all.

[Mauser]

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.

No way Bitcoins are dropping so low again this year. After dropping below 18k USD we already saw a bounce back above 20k USD. So there are still buyers in the market looking to buy cheap coins. How do you come up with that number of only 500 USD for one Bitcoin? Sure in 2019 bitcoin dropped very low in price even around the 3k USD mark, but since then a lot has changed. We reached new ATHs of above 60k USD last year. Investors can't just forget those prices again. In case the price ever drops below 10k USD I am sure there will be a lot of buyers coming to the market again bring the price back up. Just imagine all the whales who sold their coins around the 30,000 USD level. For them it would be a bargain to buy Bitcoins again for 1/3 of the price.

[Pujangga]

Many analysts believe that the market will drop again, even though the market will drop again but I am always optimistic that the market will recover and rise again, and now it is proven because it has been 4 days the bitcoin price is still above $20k, and maybe in early July we will return to $30k .

[galambo]

Many analysts believe that the market will drop again, even though the market will drop again but I am always optimistic that the market will recover and rise again, and now it is proven because it has been 4 days the bitcoin price is still above $20k, and maybe in early July we will return to $30k .

Bitcoin is having strong support at 20k if this support collapsed then there are fair chances that bitcoin may go back to 10k unless it find a strong support in between. You are right bitcoin price is very much stable at 20k and right now it's 21k, may be it can go to 30k from here on.

[Oasisman]

Any basis for your research?

~snip~

I am telling you guys bitcoin price is pure speculative ,people are gambling on it and whales are pumping the price

For does that don't know what pump and dump is :

Let's say btc at 50 USD ....some guy with 100000 USD comes in buys a lot of btc now BTC price will be 60 USD as noobs will think there is high demand for it
Let's say btc at 60 USD ....the guy with 100000 USD sells his coins at 60 USD and now price will be 52 USD   but he made 20000 USD profit
Now he pumps again ... Let's say btc at 52 USD ....some guy with 110000 USD comes in, buys a lot of btc now BTC price will be 58 USD as noobs will think there is high demand for it
And he will repeat like that over and over again until bubble will burst
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Yesterday price was 18k today price is 20k classic pump and dump ... else no reason for price to increase that fast

As if the market and volume ain't visible. As if Bitcoin magically came up with that price without these trading and exchange platform. Not even Elon could manipulate Bitcoin. I thought you mean some pump and dump altcoin that's been so rampant since the rise of ICOs in 2017.

[Mamun74]

I think the current price position is still easy to drop below $ 18k, if the price has returned to $ 30k I am optimistic that there will be no big correction, it might take a month to say that $ 18k is the lowest price until autumn.

I believe bitcoin price still movement correction. Bitcoin price already touched in $68k+ in 2021 but it early dropped in, 2022.Bitcoin price staying around $38-40k+ long time but it dropped and reached under $18k.I think bitcoin price will be more this year.And bitcoin price will hit $30k again in coming days.

[saint_casanova]

Although I think BTC will go lower in the next season but it will be abrupt and shortly. Overall autumn will see BTC slowly rise and out of the bear market.

[amishmanish]

Yes I believe the bearish phase will continue, since the macroeconomic conditions of world has not normalized so far, but there will be price pumps in between. Now there will be a phase of pump and dump, but hodlers don't need to worry, later on there will be rally in bitcoin market. Yes it will take some time so please don't panic.

[AmoreJaz]

Yes I believe the bearish phase will continue, since the macroeconomic conditions of world has not normalized so far, but there will be price pumps in between. Now there will be a phase of pump and dump, but hodlers don't need to worry, later on there will be rally in bitcoin market. Yes it will take some time so please don't panic.

we already hit more than 21k as we speak. though we don't know where this is heading but i believe we are already hearing good news from this community. i think those who bought at 17k are happy that we surpassed the 20k level. however, as we know that this is not the end of this market, very high possibility that it will go up again in the next coming months.
if you are confident in this market, you can even collect some during this level.