Will Bitcoin do $19k again before a bull market?

[Tony116]

If we look at the market sentiment, it was said the market sentiment returns to six-week lows[1], so any negative news whether small or big can trigger BTC price to react negatively.  So, I think $19k  or beyond that is very possible before the market transitions to a bull market.  So I think we should ready our funds for a possible another discounted sale of BTC.


[1] https://cointelegraph.com/news/btc-price-sees-new-20k-showdown-5-things-to-know-in-bitcoin-this-week

The negative news we are about to face could be the Mt.Gox bitcoin release and the next Fed rate hike. This is negative news but not too new so I don't think it will affect the market too much, the market reacted to these two news last week causing bitcoin to drop from $23k to $20k.

Truth be told, it is impossible to make an accurate prediction of the bitcoin price.
In my opinion, the current price level is a good place to start buying to prepare for the upcoming bull season. Maybe bitcoin will still fluctuate up and down, but not too much compared to the current price.

[Silberman]

I don't think, the price of Bitcoin will decrease more than $19,000 before it will increase higher for those that invested some months ago to get prepare to earn something good from their investment. This is the best opportunity for both long term traders and short term traders that missed the opportunity to buy from the crypto market to make use of this bearish market to buy and hold, because the green light is preparing to remain stable for people to know that bull season is very near for those that hold for long to earn well from the market.

Unfortunately the decrease below the 19k level already happened and we do not know for how long the price is going to remain at that level or if it could go down even more, and even if I think the current prices represent an opportunity it is also important to remember that things could get way worse before they even improve, so this needs to be taken into account before anyone decides to invest a major amount of money in the market during the next days or weeks.

[uneng]

I don't think, the price of Bitcoin will decrease more than $19,000 before it will increase higher for those that invested some months ago to get prepare to earn something good from their investment. This is the best opportunity for both long term traders and short term traders that missed the opportunity to buy from the crypto market to make use of this bearish market to buy and hold, because the green light is preparing to remain stable for people to know that bull season is very near for those that hold for long to earn well from the market.

Unfortunately the decrease below the 19k level already happened and we do not know for how long the price is going to remain at that level or if it could go down even more, and even if I think the current prices represent an opportunity it is also important to remember that things could get way worse before they even improve, so this needs to be taken into account before anyone decides to invest a major amount of money in the market during the next days or weeks.

If I had entered with new investments on previous bitcoin crashes I wouldn't invest anymore until seeing some positive solid fluctuations from now on. I see the currently price range as a dangerous zone which makes me feel very unconfortable. The same way bitcoin has reached 18,000$ it can continue going below to 15,000$ and 12,000$. The lack of news which could impact crypto universe positively is also concerning.

[fuguebtc]

I usually don't bother my self about BTC price but always keep update with news. But yet I decided to take a look at the price chart, then I saw that BTC price has broke the support for $20,700, the direction of the market has turned bearish and the next support should be seen in the $18k / $19k  area. There may be a continuous downward movement this weekend. Trade with mindfulness and add a stop loss in all trades.
  If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?

Yes, and your prediction happened today bitcoin dropped below 19k. Historically, September has been a bad month for the market and I believe bitcoin is not going to stop at $19k, it might continue to fall for some time in the near term.

We better brace ourselves for what's to come, the people who have stayed in the market so far are the ones who have always believed in bitcoin. So I advise everyone to prepare more money for this drop as this could be the next big drop in bitcoin and we have a chance to buy cheaper.

[ethereumhunter]

Bitcoin is finally back to $18k and still, the red candle appears on the market. I am wondering if this price will go down for more or if it is just a correction in the $18k level because there is a sign to go down and stay at the current price. We can only prepare for anything, especially if we have money because we can buy back bitcoin at a lower price and do not need to panic if the price still goes down. Maybe at this price, people are not ready to see the price is down but that is what happen to the market now.

[Minor Miner]

Bitcoin is finally back to $18k and still, the red candle appears on the market. I am wondering if this price will go down for more or if it is just a correction in the $18k level because there is a sign to go down and stay at the current price. We can only prepare for anything, especially if we have money because we can buy back bitcoin at a lower price and do not need to panic if the price still goes down. Maybe at this price, people are not ready to see the price is down but that is what happen to the market now.

Bitcoin has once again dropped below $20k, many previous predictors believe the $20k resistance is unbreakable and bitcoin will never drop below $20k again, but in the end all predictions are not what we want, predicting the price of bitcoin is impossible.

There is hard time to say for sure that bitcoin won't decline from this price, but as you suggested said. W should prepare for what is to come and money will be the first concern if we still have absolute faith in bitcoin, if it drops in price then buy immediately.

[rodskee]

I usually don't bother my self about BTC price but always keep update with news. But yet I decided to take a look at the price chart, then I saw that BTC price has broke the support for $20,700, the direction of the market has turned bearish and the next support should be seen in the $18k / $19k  area. There may be a continuous downward movement this weekend. Trade with mindfulness and add a stop loss in all trades.
  If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?

it is not weekend now yet? the price stays lowering but you are correct that it is 18/19 thousand dollars that will make it different here.

but now that price stays at 18k? then we will be seeing Bull market in the coming weeks or months.

but never bother to what is the price now as what is important? is how long you can hold your coin and wait when it can be sold.

[$crypto$]

Bitcoin is finally back to $18k and still, the red candle appears on the market. I am wondering if this price will go down for more or if it is just a correction in the $18k level because there is a sign to go down and stay at the current price. We can only prepare for anything, especially if we have money because we can buy back bitcoin at a lower price and do not need to panic if the price still goes down. Maybe at this price, people are not ready to see the price is down but that is what happen to the market now.

This sign bitcoin will be back on hold for a long time this bearish will remain an extension that continues to burn, with the price of $18k in my opinion it will go back down the point at support is $15k but chances are we have to be prepared with which will buy bitcoin as low as possible because this is the time for the best chance with the lowest purchase
I know people will panic a situation where prices continue to fall causing them to panic erratically but we must be able to determine a good future term when buying as low as possible to hold more in the portfolio.

[btc_angela]

Bitcoin is finally back to $18k and still, the red candle appears on the market. I am wondering if this price will go down for more or if it is just a correction in the $18k level because there is a sign to go down and stay at the current price. We can only prepare for anything, especially if we have money because we can buy back bitcoin at a lower price and do not need to panic if the price still goes down. Maybe at this price, people are not ready to see the price is down but that is what happen to the market now.

I never thought that we will not go back down to $18k, but here we now, so another perfect opportunity to invest. I know that it's better to buy when the price goes to $17k or worst like $15k or below. But this is a good buying opportunity from me so I will not missed this one.

People should now that the market is still in the bearish trend, so just expect the worst. Prepare not to panic and be nervous and if you have the capital much better to invest right now and then hold.

[cryptomaniac_xxx]

If we look at the market sentiment, it was said the market sentiment returns to six-week lows[1], so any negative news whether small or big can trigger BTC price to react negatively.  So, I think $19k  or beyond that is very possible before the market transitions to a bull market.  So I think we should ready our funds for a possible another discounted sale of BTC.

Rather than discounted sale, it can be used as an opportunity to buy at discounted price. For now we're gonna experience more bearish months. $19k is not far considering today's price of bitcoin. In the last 24 hours time bitcoin have touched $19700 at the lowest. Maybe over the days if negative news strikes the market, it'll easily reach down to $19k. It is good to keep ourselves prepared for the worst, so that can withstand any unexpected down market.

And it seems that the month of September will be bearish, the same as past history.

Now we are in the $18k range and possible might slide down again to $17k this month. Not sure what negative news that hit the market recently to see the price collapses again after defending the support of $20k for couple of days starting this month.

Nevertheless, BTFD is more relevant again, take this opportunity to buy at a discount.

[worldofcoins]

I usually don't bother my self about BTC price but always keep update with news. But yet I decided to take a look at the price chart, then I saw that BTC price has broke the support for $20,700, the direction of the market has turned bearish and the next support should be seen in the $18k / $19k  area. There may be a continuous downward movement this weekend. Trade with mindfulness and add a stop loss in all trades.
  If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?

I made a similar thread "https://bitcointalk.org/index.php?topic=5412226.0"
Where I stated if it will go 45k$ before the end of this year, my guess was yes to that.
I'd say it's not necessary to cross 20700 but once the bull run happens it will be a very quick transition for the bitcoin's price.

[worldofcoins]

The last 2 days the bitcoin price dropped more than 10% and is now only around $18600, I hope we are at the lowest point and hope to return to $20k soon, if previously the price was below $20k it only happened a maximum of 40 hours and now it's more than Our 50 hours are under $20k.

We have seen worse when btc went under 200$ in past, I'm bullish on bitcoin for the end of this year.
I think we'll see a sudden surge in btc price like we saw in past, btc going over 1k, then 10k, then 20k. those boundaries were crossed quickly, I think the same will happen now.

[onecall123]

If we look at the market sentiment, it was said the market sentiment returns to six-week lows[1], so any negative news whether small or big can trigger BTC price to react negatively.  So, I think $19k  or beyond that is very possible before the market transitions to a bull market.  So I think we should ready our funds for a possible another discounted sale of BTC.

Rather than discounted sale, it can be used as an opportunity to buy at discounted price. For now we're gonna experience more bearish months. $19k is not far considering today's price of bitcoin. In the last 24 hours time bitcoin have touched $19700 at the lowest. Maybe over the days if negative news strikes the market, it'll easily reach down to $19k. It is good to keep ourselves prepared for the worst, so that can withstand any unexpected down market.

And it seems that the month of September will be bearish, the same as past history.

Now we are in the $18k range and possible might slide down again to $17k this month. Not sure what negative news that hit the market recently to see the price collapses again after defending the support of $20k for couple of days starting this month.

Nevertheless, BTFD is more relevant again, take this opportunity to buy at a discount.

It was much anticipated. As a result of its sustained loss over the last few months, Bitcoin price appears to be heading lower. So here we are. It is the lowest point since two months for Bitcoin, dropping below $19k. There were potential dump signals, and those acts may be rewarded.

We'll make the money, let's go for it. I'm long Bitcoin here, and Bitcoin will rise.

[Jating]

The last 2 days the bitcoin price dropped more than 10% and is now only around $18600, I hope we are at the lowest point and hope to return to $20k soon, if previously the price was below $20k it only happened a maximum of 40 hours and now it's more than Our 50 hours are under $20k.

We have seen worse when btc went under 200$ in past, I'm bullish on bitcoin for the end of this year.
I think we'll see a sudden surge in btc price like we saw in past, btc going over 1k, then 10k, then 20k. those boundaries were crossed quickly, I think the same will happen now.

At least the market has started to recover right now, we are over $19k and it seems the bleeding has stop or traders and long term investors started to buy bitcoin when it was $18k. So that is good to hear that we didn't go lower than we expected in the last flash crash, no lower lows. But, we are still in the bear market, so I'm not expecting a huge pump till the end of the year and we could see a sideway pattern again this month.

[ethereumhunter]

Bitcoin has once again dropped below $20k, many previous predictors believe the $20k resistance is unbreakable and bitcoin will never drop below $20k again, but in the end all predictions are not what we want, predicting the price of bitcoin is impossible.

There is hard time to say for sure that bitcoin won't decline from this price, but as you suggested said. W should prepare for what is to come and money will be the first concern if we still have absolute faith in bitcoin, if it drops in price then buy immediately.

By doing some preparation, I believe we can use the times when the price of bitcoin is at a low price level to buy as much as we can. Thus, we can increase the number of bitcoins we have to provide a large profit when the price increases high.

Maybe the high price hike won't happen soon but will happen later and if it happens in the next year, we should use the present moment to collect more bitcoins than ever before. Everything we do from now on will give us good results as long as we can remain calm when the market is experiencing a continuous correction.

This sign bitcoin will be back on hold for a long time this bearish will remain an extension that continues to burn, with the price of $18k in my opinion it will go back down the point at support is $15k but chances are we have to be prepared with which will buy bitcoin as low as possible because this is the time for the best chance with the lowest purchase
I know people will panic a situation where prices continue to fall causing them to panic erratically but we must be able to determine a good future term when buying as low as possible to hold more in the portfolio.

It looks like the bear market conditions will persist and there is a chance it will last until the end of the year if nothing good can lift the price and break it higher. With a drop from $20k to $18k, the price may drop to a lower level because the odds will always be there. And if indeed the price will return to the support point at $15k, we must be prepared by trying to have some money so we can buy bitcoin at that price. But we can buy low and sell high in the current conditions but indeed, it will not be easy because we need to have the ability to analyze when is the right time to buy and sell.

I never thought that we will not go back down to $18k, but here we now, so another perfect opportunity to invest. I know that it's better to buy when the price goes to $17k or worst like $15k or below. But this is a good buying opportunity from me so I will not missed this one.

People should now that the market is still in the bearish trend, so just expect the worst. Prepare not to panic and be nervous and if you have the capital much better to invest right now and then hold.

We will never know whether the price will return to $18k or lower or if it will stay because no one can analyze it properly. We can only analyze according to our ability and make preparations if the price drops further. Now is still a good time to buy bitcoins but if a green candle is seen in the market, maybe we should wait a while for the red candle to return to the market so that we can buy it at a lower price. We must remain calm and not panicky to see opportunities when buying bitcoins.

[adzino]

I usually don't bother my self about BTC price but always keep update with news. But yet I decided to take a look at the price chart, then I saw that BTC price has broke the support for $20,700, the direction of the market has turned bearish and the next support should be seen in the $18k / $19k  area. There may be a continuous downward movement this weekend. Trade with mindfulness and add a stop loss in all trades.
  If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?

Why do people ask questions that no one can answer? There were predictions that the price would go below $10,000 but it never happened. The market is very volatile and unpredictable.
Based on current market, it does look like the price might go below $19,000 and has already happened yesterday but quickly recovered (like I said, very volatile). No one knows when bear market will end or when the bull market will start. All you can do is either take advantage of this volatility (too risky) or sit back, relax and let the market take its course!

[yohananaomi]

The last 2 days the bitcoin price dropped more than 10% and is now only around $18600, I hope we are at the lowest point and hope to return to $20k soon, if previously the price was below $20k it only happened a maximum of 40 hours and now it's more than Our 50 hours are under $20k.

currently on 22/09/2022 it has recorded an increase again at the price of $21,564, after you said it fell more than 10%, it seems this is the umpteenth time that bitcoin has done, where after falling at $20K it will increase again above it but will not to $25K when it happened last August. Events like this will continue to be carried out by bitcoin and this is certainly very interesting for those who want to make short-term trades, because the up and down movements are very fast, but if you miss it, you don't need to be afraid because it will happen again. bitcoin will continue to do this and there is no intention of going above $35K until the end of this year it looks like it might start moving again next year, this is just a prediction and it could be different.

[arufox]

It is possible that the price of bitcoin will fall again to the $19k area before the bull market starts, especially considering the current market conditions which tend to be in bearish condition. Therefore let's see how far the market moves forward as the ups and downs of the bitcoin price depend on the market.

[imamusma]

If it happens that Bitcoin goes down to $18 or 19k, that will be the last time it will go that low this year, what do you guys think about this (Bitcoin experts in the forum)?

I don't know if $18.6K a few days ago was the last low before the end of the year. I think there's always a chance the bitcoin price will drop lower than $18K because we don't really know how people use the market when sentiment changes. Bullish and bearish are definitely there, but I can't guarantee that during this year the price of $18.6K in the last few days was the lowest point before the bullish.

There is no problem about being optimistic especially when we want bitcoin to be very bullish from now on. But I will not ignore the bearish possibility because the world economic situation is not doing well. Since not all current bitcoin holders are wealthy people, I'm sure this small group will sell their bitcoin for living expenses. So these fluctuations will remain. Always be alert and don't be too greedy.

[STT]

edictions that the price would go below $10,000 but it never happened. The market is very volatile and unpredictable.

The main point is the answer doesnt even matter.   If BTC does well in future it wont matter so much the exact lowest price but if people kept on buying during its positive period of gains and how long did they hold.    I could buy the bottom price now but gleefully sell out in a couple months, glad about my 20% gain even though BTC could go onto gain far more and 20% is more a trading gain then proper return in the ways BTC is capable of.
   It is impossible to call the exact pricing due to this volatility and excessive currency flows, speculating on the Dollar.   It might be more true then any other time in markets that prices are highly volatile and unknown in their boundaries.   Currency will be weak long term, I see BTC as a commodity along with other commodities that gains overall and remains in demand.