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Author Topic: do u think the BTC bottom is in...?  (Read 940 times)
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August 19, 2022, 11:18:32 AM
 #61

I see many threads of this style, where at the minimum that the price recovers a little, people feel optimistic, and I don't think we are going to have too many reasons to be optimistic about the price.

If you hold Bitcoin and you are going to hold it until the next cycle at least, you should not care about these oscillations. You can even continue to accumulate at prices that will look like a bargain in a couple of cycles.

The only thing is that this cycle is being a bit disappointing for the expectations that most of us had placed on the price.

So we have to be patients.

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August 19, 2022, 03:32:10 PM
Merited by edward500 (3)
 #62

my personal opinion is that the bottom is in and the next bull market are going to be nothing short of game changing.
bottom is IN? why not post this when the price reach 17k ? now that the price is at 24-25k you are pointing about Bottoming ?

I think this isn't the bottom instead this is the start of the bull market .

it may not reach ATH again , but at least 40-50k usd is in our front this year before closing the 2022 in December .
Is it possible?, I think 50k dollars is too much to end the year on such a high note. It is my hope that bitcoin will achieve, but I do not think this will happen. Currently, we are still under $30k, and if the bitcoin price can really break through $30k, we can expect to hit $50k by year end. With the condition that inflation from now to the end of the year will have positive changes like last month.

Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?
there has been a new prediction from social media, I had read it on telegram, that after the merge Ethereum,
the price of Bitcoin will drop below $19k, I am really surprised to see this statement, of course it can happen,
and I really have to prepare for it, maybe not just me, all traders should prepare in case it happens

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August 19, 2022, 04:11:36 PM
 #63

Although this month the crypto market seems to be in the green, it's hard to say a Bull Run will happen anytime soon. If we look at the current market conditions, there are no signs that a bull run will occur because the bitcoin price is only in the $23k-$24k area and it is still difficult to break above $27k.

I think $27k is not looking to come anytime soon but probably around the end of the when volatility for the December festivities will approach but for now, we could be seeing this kind of shaky movement around the $23k and $24k without a strong pull of volatility. I will say the uncertain times is up for bitcoin where we all can speculate because no direction is established yet.
Right. The market situation still looks shaky without a strong pull even though since the last few weeks the bitcoin price has increased and the market is in the green zone, but now the market is back in the red zone and the bitcoin price is trading again in the $22k-$21k area.

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August 19, 2022, 04:36:19 PM
 #64


there has been a new prediction from social media, I had read it on telegram, that after the merge Ethereum,
the price of Bitcoin will drop below $19k, I am really surprised to see this statement, of course it can happen,
and I really have to prepare for it, maybe not just me, all traders should prepare in case it happens

If you do believe in that news preparing for the worse is the best thing to do, the current situation now shows that bear is bouncing back, and the market is in red, setting up your buying target right now to anticipate the fall will give you good rewards when the market start to bounce back and begin to bring the strong bull to run around. It's a risk though, but if you are really believing in such kind of news, it's best to take that basis and see if the direction will be moving according to your target.

Although this month the crypto market seems to be in the green, it's hard to say a Bull Run will happen anytime soon. If we look at the current market conditions, there are no signs that a bull run will occur because the bitcoin price is only in the $23k-$24k area and it is still difficult to break above $27k.

I think $27k is not looking to come anytime soon but probably around the end of the when volatility for the December festivities will approach but for now, we could be seeing this kind of shaky movement around the $23k and $24k without a strong pull of volatility. I will say the uncertain times is up for bitcoin where we all can speculate because no direction is established yet.
Right. The market situation still looks shaky without a strong pull even though since the last few weeks the bitcoin price has increased and the market is in the green zone, but now the market is back in the red zone and the bitcoin price is trading again in the $22k-$21k area.

Right, the market is shaking again and expect that pressure to see more dump is possible better to have a good alternative in order
to make proper decision if you are holding your assets, if you are more into investment, the timing is good while the situation is bearish you can collect and keep buying those cheap assets.

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August 19, 2022, 11:42:06 PM
 #65

I think the price is still high and expensive now, many people hope that prices can go down to buy, but if you look at the trend in the market it seems difficult to drop below $ 20K, the opportunity is not much to buy before the price skyrocketed.
Buying above $20K is still possible today, but some people still want a lower price when they want to buy slightly more Bitcoin. Even though buying at the current price can also be done because now the price is not at a figure that is too expensive and buyers who are willing to be patient and hold Bitcoin for a certain period of time will clearly get the benefits they want.
We have once hit $17k few weeks ago and bounced back to $24k and then suddenly correction happening ... to this date it's $20.9k and probably could go even lower to down back to $17k and swinging there between these price tag , i wish we would never touch that $17k again so we can get more focus on the next ath target.

$18k or $19k might be just fine for a hard correction but if it's lower than that ... i must say that i have to watch first for now without any action.

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August 19, 2022, 11:50:10 PM
 #66

Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?
Whether we like it or not, some people never understand the nature of the market because what they want is to make money easily. That is why we can see people blaming Bitcoin for their losses but the truth is that they can't afford to wait and sell their Bitcoin at a lower price.
This bear season can't be done too easily or too fast, and I even think that this will continue until December or might be next year, who knows right? I'd look not only for the price but instead, I'd look how the market sustain and survive from FUDs.

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August 20, 2022, 11:58:44 AM
 #67

Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?
Whether we like it or not, some people never understand the nature of the market because what they want is to make money easily. That is why we can see people blaming Bitcoin for their losses but the truth is that they can't afford to wait and sell their Bitcoin at a lower price.
This bear season can't be done too easily or too fast, and I even think that this will continue until December or might be next year, who knows right? I'd look not only for the price but instead, I'd look how the market sustain and survive from FUDs.

Industry experts claiming that this bear market will last for 2-3 months max. By the end of this year we might see Bitcoins reaching 50k usd again. This is just an estimation and predictions, and to be honest I am also tired of seeing so many predictions.
Regarding the panic selling thing, yes i too agree on that fact that people don’t understand the market and panic sell their hard earned Bitcoins.
Nevertheless let’s see what happens next, and at least hope that Bitcoins should cross 30k usd by end of September.

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August 22, 2022, 06:14:40 AM
 #68

Well though it is too much to expect yet it is not Impossible to come right? price will continuously moving , we are now again in falling market because bitcoin seems to be staying at below 23k again.
it may be hard to reach 50k but still not impossible to happen.
and also what are we afraid to happen when the thing here is that what we would contribute for the price to reach?
Whether we like it or not, some people never understand the nature of the market because what they want is to make money easily. That is why we can see people blaming Bitcoin for their losses but the truth is that they can't afford to wait and sell their Bitcoin at a lower price.
This bear season can't be done too easily or too fast, and I even think that this will continue until December or might be next year, who knows right? I'd look not only for the price but instead, I'd look how the market sustain and survive from FUDs.

Industry experts claiming that this bear market will last for 2-3 months max. By the end of this year we might see Bitcoins reaching 50k usd again. This is just an estimation and predictions, and to be honest I am also tired of seeing so many predictions.
Regarding the panic selling thing, yes i too agree on that fact that people don’t understand the market and panic sell their hard earned Bitcoins.
Nevertheless let’s see what happens next, and at least hope that Bitcoins should cross 30k usd by end of September.
I think that many people are tired of the current market conditions and this is why we see so many bullish predictions, but regardless of those predictions bitcoin will move independently from them, and since you seem to be tired from those predictions a good thing that you could do is to stay away from websites that do nothing more but to create predictions every single day and instead concentrate on what it is important, which is to do what you can in order to keep increasing the amount of bitcoin you hold.
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August 23, 2022, 05:34:56 AM
 #69

Quote
Quote
I think the price is still high and expensive now, many people hope that prices can go down to buy, but if you look at the trend in the market it seems difficult to drop below $ 20K, the opportunity is not much to buy before the price skyrocketed.
Buying above $20K is still possible today, but some people still want a lower price when they want to buy slightly more Bitcoin. Even though buying at the current price can also be done because now the price is not at a figure that is too expensive and buyers who are willing to be patient and hold Bitcoin for a certain period of time will clearly get the benefits they want.

Yes, because the bearish season is still on ground which will not help investors to make a good profits they want from their investments than to exercise patience with their holding for bullish season to come before they can sell to make a passive profits from the market. I don't think, the price of Bitcoin will still decrease more than $20,000 in this season, before the price will increase higher in the market because the green light is preparing to be fully stable through out this year for long term and short term investors to experience $80,000 before the end of this year 2022.

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September 16, 2022, 11:36:56 AM
 #70

Quote
Quote
I think the price is still high and expensive now, many people hope that prices can go down to buy, but if you look at the trend in the market it seems difficult to drop below $ 20K, the opportunity is not much to buy before the price skyrocketed.
Buying above $20K is still possible today, but some people still want a lower price when they want to buy slightly more Bitcoin. Even though buying at the current price can also be done because now the price is not at a figure that is too expensive and buyers who are willing to be patient and hold Bitcoin for a certain period of time will clearly get the benefits they want.

Yes, because the bearish season is still on ground which will not help investors to make a good profits they want from their investments than to exercise patience with their holding for bullish season to come before they can sell to make a passive profits from the market. I don't think, the price of Bitcoin will still decrease more than $20,000 in this season, before the price will increase higher in the market because the green light is preparing to be fully stable through out this year for long term and short term investors to experience $80,000 before the end of this year 2022.
Profits though are not being made in a bear market, it is the period wherein we should accumulate. So it's a wrong mindset and says that it won't help investors, short term probably. But since crypto market is very volatile and it's on a cycle, it's better to hold on it for long term to get the most benefit or it. So in a bear market, accumulate, and in the bull market sell and that is where you take your profits.

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September 16, 2022, 06:30:36 PM
 #71

Industry experts claiming that this bear market will last for 2-3 months max. By the end of this year we might see Bitcoins reaching 50k usd again. This is just an estimation and predictions, and to be honest I am also tired of seeing so many predictions.
Regarding the panic selling thing, yes i too agree on that fact that people don’t understand the market and panic sell their hard earned Bitcoins.
Nevertheless let’s see what happens next, and at least hope that Bitcoins should cross 30k usd by end of September.
Honestly I don't see bitcoin have potential back above $50,000 few months later after many bad news appear when bitcoin have reach little higher price. Looks have some community try to make bitcoin pump and dump drastically to get moment with short term trading, I think when bitcoin raise higher price last two days right now bitcoin back lower price from $23,000 and nowadays drop back under $20,000. Some people and investor still panic moment when bitcoin suddenly drop include have bad news will make them most panic for selling all bitcoin assets, hard to make them understood with bad news not give forever impact with bitcoin always drop.

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September 16, 2022, 08:50:42 PM
 #72

Industry experts claiming that this bear market will last for 2-3 months max. By the end of this year we might see Bitcoins reaching 50k usd again. This is just an estimation and predictions, and to be honest I am also tired of seeing so many predictions.
Regarding the panic selling thing, yes i too agree on that fact that people don’t understand the market and panic sell their hard earned Bitcoins.
Nevertheless let’s see what happens next, and at least hope that Bitcoins should cross 30k usd by end of September.
Honestly I don't see bitcoin have potential back above $50,000 few months later after many bad news appear when bitcoin have reach little higher price. Looks have some community try to make bitcoin pump and dump drastically to get moment with short term trading, I think when bitcoin raise higher price last two days right now bitcoin back lower price from $23,000 and nowadays drop back under $20,000. Some people and investor still panic moment when bitcoin suddenly drop include have bad news will make them most panic for selling all bitcoin assets, hard to make them understood with bad news not give forever impact with bitcoin always drop.
We should really not expect ourselves to be having that positive way or path for bitcoins price because this market has always been unpredictable and there's no way that we could really tell if its already the bottom or
not.We should still consider that there's still having those Mt.Gox sell off that we've been keeping on talking several weeks ago and if that one would pushed through then i do expect something even more
decrease or decline on the market thats why we cant really make out conclusions about bottoms or peak prices because thats not how the market works or something predictable.
As a trader then it would really be just right that you would really be that wise and taking up the risk on every decision you do make.

R


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September 16, 2022, 10:11:44 PM
 #73

Price recently made a new low for this week, its not currently even bouncing back from the last sell.  We have to call it weak when it not only slips off the ladder but sits on the ground and doesnt get back up and try again.     Wait for it to break either way as we could just be in a quiet spot, a test of patience more then price but Im not presuming anything on bottom pricing till we establish a trend, we are more apathetic at present.

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September 16, 2022, 10:20:11 PM
 #74

I think the bottom prices will be between 10 thousand and 13 thousand dollars. I will definitely start collecting bitcoins at these prices. We can see 13 thousand dollars soon. The first target is around 17 thousand, then 13 thousand. Of course there is no certainty. This is my personal opinion and buying points. If it doesn't come here, I won't buy it anyway.

Because the movement of Bitcoin is difficult to predict and there is no certainty, so everyone is free to make their own predictions based on
the results of their respective research and analysis. I respect your opinion which predicts that the lowest price of Bitcoin will be between $10k and $13k.
But the problem is that your prediction is not necessarily accurate, so if the price of Bitcoin in the end does not move according to your expectations.
Which you will only buy Bitcoin when the price of Bitcoin reaches the lowest price you want, it will make you regret in my opinion. My advice is
that we don't need to buy Bitcoin waiting for the Bitcoin price to reach the lowest price, because we can't be sure of the lowest Bitcoin price.
Actually buying Bitcoin can be at any price, because the price of Bitcoin will always rise to a higher price when the bull market comes. So buying
Bitcoin at any price can make a profit, the most important thing is that we can hold Bitcoin in the long term. Instead of regretting that we don't have
a lot of Bitcoin in the end because we keep skipping buying Bitcoins just because Bitcoin didn't hit the lowest price we wanted.

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September 19, 2022, 03:29:41 AM
 #75


there has been a new prediction from social media, I had read it on telegram, that after the merge Ethereum,
the price of Bitcoin will drop below $19k, I am really surprised to see this statement, of course it can happen,
and I really have to prepare for it, maybe not just me, all traders should prepare in case it happens

Damn, how did these people know this would happen? You wrote this back in August and it is so true as we hit below $19K after the Ethereum merge?

I want to know where you learned this because maybe they have some better predictions also.
peter0425
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September 19, 2022, 08:58:38 AM
 #76


there has been a new prediction from social media, I had read it on telegram, that after the merge Ethereum,
the price of Bitcoin will drop below $19k, I am really surprised to see this statement, of course it can happen,
and I really have to prepare for it, maybe not just me, all traders should prepare in case it happens

Damn, how did these people know this would happen? You wrote this back in August and it is so true as we hit below $19K after the Ethereum merge?

I want to know where you learned this because maybe they have some better predictions also.
well actually there is much low mate, because bitcoin drops down too 18k and not just 19k that I believe is not in the prediction of the one you quoted?

and yes it is all prediction that we can find the answer sometimes correct but  mostly wrong lol.

but even if this prediction created weeks ago? yet people did not see this coming as the merge says will bring more higher lol.









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kro55
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September 19, 2022, 02:55:43 PM
 #77


there has been a new prediction from social media, I had read it on telegram, that after the merge Ethereum,
the price of Bitcoin will drop below $19k, I am really surprised to see this statement, of course it can happen,
and I really have to prepare for it, maybe not just me, all traders should prepare in case it happens

Damn, how did these people know this would happen? You wrote this back in August and it is so true as we hit below $19K after the Ethereum merge?

I want to know where you learned this because maybe they have some better predictions also.
well actually there is much low mate, because bitcoin drops down too 18k and not just 19k that I believe is not in the prediction of the one you quoted?

and yes it is all prediction that we can find the answer sometimes correct but  mostly wrong lol.

but even if this prediction created weeks ago? yet people did not see this coming as the merge says will bring more higher lol.

It's all just a prediction and this prediction is absolutely correct predicting bitcoin will drop below $19k after the merger of ETH. You should also not be too strict, demanding accuracy to each unit, although bitcoin today sometimes drops to 18.4kUSD.

According to the post history, this prediction was made on August 19th. Actually, this is a very surprising prediction, while most of us here cannot make predictions about bitcoin price and we focus only on ETH price in the days before and after the merger.

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bakasabo
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September 19, 2022, 03:09:19 PM
 #78

Any price can be the bottom. It does not need much to cause mass panic or make some announcements to move Bitcoin price to any direction. Recently we have touched $18.4k and bounced back. Some might think that $18k is the bottom, as Bitcoin has already bounced twice from that level. But the same ideas were used when the price was $40k, $30k, $30k. People just like round and beautiful numbers, but the price lives its own life.

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Nrcewker
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September 19, 2022, 05:50:51 PM
 #79

Any price can be the bottom. It does not need much to cause mass panic or make some announcements to move Bitcoin price to any direction. Recently we have touched $18.4k and bounced back. Some might think that $18k is the bottom, as Bitcoin has already bounced twice from that level. But the same ideas were used when the price was $40k, $30k, $30k. People just like round and beautiful numbers, but the price lives its own life.

Yup, i also don’t get the point of discussing the lowest amount of Bitcoins.
You should thank to God that you are getting to buy the Bitcoins at such a low price. Now if you cry for more less price and miss the best price, then don’t blame other people. You had the chance and you missed it due to more greed.
So if you are finding Bitcoins at around 20k usd, then just buy it by closing the eyes. Next is to wait for few weeks and definitely you will see some profits in your balance.

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September 19, 2022, 07:34:51 PM
 #80

Any price can be the bottom. It does not need much to cause mass panic or make some announcements to move Bitcoin price to any direction. Recently we have touched $18.4k and bounced back. Some might think that $18k is the bottom, as Bitcoin has already bounced twice from that level. But the same ideas were used when the price was $40k, $30k, $30k. People just like round and beautiful numbers, but the price lives its own life.
$17k+ was seemed to be the bottom for this cycle. But I've seen that many are saying that it could really go below as much as $12k and then the lowest might be $10k.

As bitcoin bounces back, this is only showing how strong it is at these points.

When it's below $20k, people are speculating the lowest that it can go and that's typical because they want to see the lowest price of it so, they can buy.
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