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Author Topic: if you think 18k btc is low wait until autumn ...  (Read 1207 times)
Cling18
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June 26, 2022, 12:01:59 AM
 #81

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.

Each year, the value of bitcoin during the dip doesn't reach too low as what it reached a few years ago so I believe that the market won't reach lower than 17 or 18k again. Lucky are those who bought during the dip for they will gain a good profit from the market recovery to the possible ATH in the future. Holding would be the best key.
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South Park
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June 26, 2022, 02:09:43 AM
 #82

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.
I really hope that 17k was the worst that we are going to see during this bear market, however the next halving is still very far away and the economy is not doing well either, so I think it is entirely possible that we could see yet another important drop in the price during the next year, and when that happens we cannot let such a drop surprise us, and instead we need to take full advantage of it as I do not think those cheap prices will last for long.

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Shasha80
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June 26, 2022, 12:09:31 PM
 #83

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.
I really hope that 17k was the worst that we are going to see during this bear market, however the next halving is still very far away and the economy is not doing well either, so I think it is entirely possible that we could see yet another important drop in the price during the next year, and when that happens we cannot let such a drop surprise us, and instead we need to take full advantage of it as I do not think those cheap prices will last for long.

We all hope that Bitcoin doesn't fall again, but if you see the price of Bitcoin is still struggling to rise above the $25k price again, there is a possibility
that the price of Bitcoin will fall again. Although I'm like you hoping that $17k is the lowest price, but it seems our hopes are rather difficult
to come true. In the end we have to learn to control our emotions in a bear market situation like now, because the price of Bitcoin is very difficult
to predict. At least if we can control our emotions, then we will not panic easily and can be patient if it turns out that the market is getting worse.
Because the key to a successful investment in Bitcoin is to have the patience to hold Bitcoin until the market recovers. Moreover, it is true that
no matter how deep the price of Bitcoin falls, it will not last long, Bitcoin can always recover. So please never sell the Bitcoin that we have at
a low price, if indeed we want to succeed in making a profit from investing in Bitcoin.

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June 26, 2022, 08:59:54 PM
 #84

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.
We can always say that bitcoin will always recover from all its dips, and that does not close its idea that bitcoin will have to drop more even below as $10k. Well, for others it may seem like a frustration as bitcoin keeps falling its price the whole time but for the rest of the wise investors, its indeed another great opportunity to invest. So don't be too pessimistic about the future of bitcoin, it will never end up in zero like what others mostly predict.
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June 26, 2022, 09:56:15 PM
 #85

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.
We can always say that bitcoin will always recover from all its dips, and that does not close its idea that bitcoin will have to drop more even below as $10k. Well, for others it may seem like a frustration as bitcoin keeps falling its price the whole time but for the rest of the wise investors, its indeed another great opportunity to invest. So don't be too pessimistic about the future of bitcoin, it will never end up in zero like what others mostly predict.
The market could only have two possible movements which is going up or down and we cant really be just having a condition where everything goes down for a very long time which is something normal that we would

really be thinking off that after a dump then theres always a recovery but there are people cant really just stop theirselves on freaking out whenever they do see that the market is declining or dipping down.

We cant really have those patterns but it cant really be avoided for us not to see the past or history of movements which we could presume that it might happen again with those possible times
or conditions but we know that this isnt something that do talks about assurance.

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June 26, 2022, 10:32:21 PM
 #86

People who comment this way usually want bitcoin to drop. Because they will buy bitcoin at lower value. They are trying to lower the value of bitcoin by making people panic and sell their bitcoins. Yes, the value of bitcoin may drop a little more. However, it would be more beneficial to wait instead of panic selling.
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June 26, 2022, 11:07:35 PM
 #87

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.

The only people that I believe should panic now are the newbies that have not witnessed any bitcoin dump before, if you have been in crypto for long time you should know the dump is something normal we should expect and we don't have to panic because the price will definitely bounce back, it might take time because am sure nobody knows when it will bounce but definitely it's going to bounce back, so anybody panicking because bitcoin price is low, don't be scared because the dump is normal and soon we should be expecting bull run. The only thing everybody should do now is to buy more if you are having extral fund and if you are not having, then you HOLD the bitcon you are having.

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June 27, 2022, 02:17:55 AM
 #88

I hope that the price of $ 18 is the lowest and back again to $ 30k before July, it might sound impossible because many investors panicked seeing the market situation that has not recovered, if the price continues to fall then I'm sure it will be difficult to recover and of course it takes a long time to recover .
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June 27, 2022, 12:30:44 PM
Merited by Franctoshi (1)
 #89

<snip>

The fundamentals are not good for btc

Ask yourself this question:

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet  The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...


It must not be 18,000 USD. With $10 you can own a fraction of bitcoin. So, it's not a must that you will own a whole bitcoin and neither is it compulsory that you will even own a fraction of it.

You alleged that the crop on btc was collected at 60k, that the apple tree is is dying. Well, the apple tree had died several times, but one wonderful thing about its death is, after dying, it resurrects and becomes more alive. History does not lie, go and verify. Meanwhile, how did you arrive at the permutation that the crop was harvested at 60k? Show me data please or a mere assumption.

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June 27, 2022, 08:05:24 PM
 #90

People who comment this way usually want bitcoin to drop. Because they will buy bitcoin at lower value. They are trying to lower the value of bitcoin by making people panic and sell their bitcoins. Yes, the value of bitcoin may drop a little more. However, it would be more beneficial to wait instead of panic selling.

I would say just safe some cash for the dip that is knocking doors of bitcoin. Although bitcoin is having strong support at 20k, there are news that bitcoin has massive outflows. Buying at current value of 20k is not very risky. If 20k support is breached bitcoin may fall drastically unless find some strong support.

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Finestream
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June 27, 2022, 11:09:35 PM
 #91

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.
We’ll, we always hope for bitcoin to reach its all time high as soon as possible but seeing the market is not also in good condition, then we can’t expect for bitcoin to easily recover from its dips. Although bitcoin will never stay forever in this downtrend, but knowing bitcoin’s volatility, it will always move like a wheel, sometimes its up, sometimes it’s down.

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June 28, 2022, 04:19:41 AM
 #92

Of course we hope the price doesn't go back below $20k, it will have a huge impact if the bitcoin price is below $20k, altcoins will drop even more, now many of my assets have recovered and even some have gone up, if the bitcoin price could return to $30k, of course it would make many investors are optimistic and the bull run will happen soon.
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June 28, 2022, 08:46:37 AM
 #93

Of course we hope the price doesn't go back below $20k, it will have a huge impact if the bitcoin price is below $20k, altcoins will drop even more, now many of my assets have recovered and even some have gone up, if the bitcoin price could return to $30k, of course it would make many investors are optimistic and the bull run will happen soon.

Nobody knows for sure, but things are not looking good. True that.
I left fifty % in crypto, de rest in other investments, as a hedge. So no matter which direction crypto goes, I won't miss out.
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June 28, 2022, 12:37:35 PM
 #94

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.
Bitcoins price of  $9k-$10 was actually rising from its dip of $3k+ around Dec 2018 to Jan '19 after its ATH of $19k+ of Dec 2017. Thinking bitcoins price will drop to $500-$1000 isn't happening even though we want to believe we cannot predict the market. Even those that are still predicting a Bitcoin price bottom of $14k is still been contested by some talkless of $500-$1000, I am of the opinion that those prices are not happening again.
Kadal Ijo
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June 28, 2022, 01:39:40 PM
 #95

Market still has the opportunity to drop under $ 20K, today the price of Bitcoin drops 1% after a week of green, but whatever happens then the most important thing is not panic, do not sell when the market red, it's better to be patient because we have to be optimistic that the market will go to Moon and Soon.

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June 28, 2022, 03:15:28 PM
 #96

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.
I remember clearly that during Q4 of 2020, we had a period where it had a trouble going above 20k again as well. We went up and down between 17k to 19.5k or so around 5 times and that is the problem we are facing today as well. That day we didn't see anything above 20k and that was one of the reasons why it mattered so much and why it looked terrible.

But looking at it right now, we had 68k at the peak, hence why 20k doesn't feel terrible, we are not scared if it will go up or not, we know that it will go up and that is fine for us. I personally prefer to see it as a thing that will grow bigger and I just do not know when it will do that, which is acceptable.
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June 28, 2022, 03:43:59 PM
 #97

We can always say that bitcoin will always recover from all its dips, and that does not close its idea that bitcoin will have to drop more even below as $10k. Well, for others it may seem like a frustration as bitcoin keeps falling its price the whole time but for the rest of the wise investors, its indeed another great opportunity to invest. So don't be too pessimistic about the future of bitcoin, it will never end up in zero like what others mostly predict.
Movements are cyclical, but only a small number of people are able to take advantage of this, because some will buy too early, some will be afraid to buy, because they will believe that there has been a collapse and the market will no longer recover. I don’t know if the price will drop by 10k or not, but I think that we will still see a fall. Volatility is down and the market is quiet now, but I think it's the calm before the storm.

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June 28, 2022, 04:21:04 PM
 #98

Market still has the opportunity to drop under $ 20K, today the price of Bitcoin drops 1% after a week of green, but whatever happens then the most important thing is not panic, do not sell when the market red, it's better to be patient because we have to be optimistic that the market will go to Moon and Soon.
People need to understand that it makes no sense to sell now, it could have made sense to sell at 60k and then keep the majority of your profits from the previous bull market, but now that the price has gone down in such a dramatic fashion even if they do not want to they need to become long term holders, this is the only way they have now of recovering all the money they have lost while at the same time make profits, it is not an easy path especially if it is not one you selected on your own but those people do not really have any other option at the moment.
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June 29, 2022, 11:45:26 AM
 #99

Market still has the opportunity to drop under $ 20K, today the price of Bitcoin drops 1% after a week of green, but whatever happens then the most important thing is not panic, do not sell when the market red, it's better to be patient because we have to be optimistic that the market will go to Moon and Soon.
People need to understand that it makes no sense to sell now, it could have made sense to sell at 60k and then keep the majority of your profits from the previous bull market, but now that the price has gone down in such a dramatic fashion even if they do not want to they need to become long term holders, this is the only way they have now of recovering all the money they have lost while at the same time make profits, it is not an easy path especially if it is not one you selected on your own but those people do not really have any other option at the moment.
Well spoken, it is not very easy, especially if it's not the option you selected. Holding for a long term is something that is planned for, and most times done with a spare money or an investment money. It will be difficult for anyone who initially did not plan to hold for long and because of the market situation is now holding for long. And yet, we do not know how long. The cryptocurrency industry is an industry where you have to develop strong mind in order to survive. The future is very much bright, you only lose when you sell at lost. And mind you, that hypothesis can only be attested for bitcoin. Anything can happen if it were atlcoins.

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tygeade
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June 29, 2022, 08:24:30 PM
 #100

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.
Bitcoins price of  $9k-$10 was actually rising from its dip of $3k+ around Dec 2018 to Jan '19 after its ATH of $19k+ of Dec 2017. Thinking bitcoins price will drop to $500-$1000 isn't happening even though we want to believe we cannot predict the market. Even those that are still predicting a Bitcoin price bottom of $14k is still been contested by some talkless of $500-$1000, I am of the opinion that those prices are not happening again.
That is not going to happen for sure, there is no denying that it wouldn't happen and I believe that we are going to end up with something much better. I understand that people could expect the drop to be severe and that is fine, I understand all that 14k talk as well, even though I do not expect that to happen anytime soon, that is going to end up with being realistic at least, because 14k is not too far off.

However, we haven't been under 3k since the 2017 peak period. We moved over 3k during 2017 at some point, and for the past 5 years we never went below that .Right now, I do not think that we will get even close, not even under 10k would happen.

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