Will Bitcoin hit 2022 low again?

[EarnOnVictor]

and will still hard to take another increase , we are closing the end year yet the market shows no response in much awaited growth , not about ATh but at least  half of it?

there are so much to expect from bitcoin but the thing here now is how high can we take as 17k seems to be the lowest .

Good clue! $17k might be an abomination to be reached by BTC this year. I thought the level must have been reached and even breached between August and September, but here is BTC holding firm above it. The market had done worse on the bearish side this year, I hope for bullish moves afterwards.

Everyone will explain what it takes to understand the root of cryptocurrency, so i believe that cryptocurrency have to do with time Factor and people investing into it for the price keep on going higher, so i believe that cryptocurrency can go higher and also can equally go low depends on the time frame, so now i believe bitcoin itself have a particular period it changes shape increment and decrement, so it can continue to go low, because it's not meant to be going low instead of higher.

You are right, a good trader and investor must keep their minds neutral about Bitcoin and other cryptos, they should have the mind that they could buy or sell. It is the moments of their buying and selling that we should be sure of through our regular speculation to know the ide we should take. We should not be only calling 'Buy' simply because we love crypto.

I guess -70% in a  bitcoin bear market is just normal

This is not normal my friend, let us be realistic. If you have a company and its shares fall about 70%, would you call it normal? But let's hope our optimism of it rising back becomes true.

[1715315361]

1715315361

[Xeon]

will still hard to take another increase , we are closing the end year yet the market shows no response in much awaited growth , not about ATh but at least  half of it?

there are so much to expect from bitcoin but the thing here now is how high can we take as 17k seems to be the lowest .

To some analysts, they can see an uptrend that is forming but until now the price was still very low. I don't know if it was only delayed so let's give it more time and maybe there is still a chance for the price to rise before we end this year. There are also people who talk about the all time high and says that $100k or more is possible to achieve this 2022.

It's kinda crazy but who knows? Maybe there will be a lot of skipping in the price that will happen. Anything is possible here in btc anyway. For us, we do have lots of expectations in bitcoin but for the others, they decided to be silent for a while because btc disappoint them many times before.

[btc78]

there are lots of things to happen and the sad part is that Bitcoin seems to be lowering this end of the year, we are almost in November yet the price stays stagnant at 19k so what are we looking in the coming days?

the last 2 months before the final days of 2022 but we are still in the process of trying to break 20k so indeed , we are so much low by now that bear might happen again late this year.

[EarnOnVictor]

there are lots of things to happen and the sad part is that Bitcoin seems to be lowering this end of the year, we are almost in November yet the price stays stagnant at 19k so what are we looking in the coming days?

the last 2 months before the final days of 2022 but we are still in the process of trying to break 20k so indeed , we are so much low by now that bear might happen again late this year.

It would help if you don't doubt the Bulls again this year, I have rest my case on the further bottoming of Bitcoin in 2022 judging by how it performed in August and September. Although the expectation of as high as 100k is outrageous by anyone, it is better to limit any bullish run to the maximum of $35k. Still, I don't expect Bitcoin to reach that high anymore this year. What is important now is our regular speculations to adjust our updates on it, nothing else, the coin has divided speculators more than ever.

[Vaskiy]

When the thread has been created were in the 3rd quarter of the year. From that time we have reached the price around $18400 as the lowest. Further some price speculation took place and the market is in a better position now. Now we're in the last quarter of the year and got into November. This month's market movements will show whether we'll have a downward market or end up the year bullish. Holiday spendings over the end will cause market bounce than decline.

[ShowOff]

When the thread has been created were in the 3rd quarter of the year. From that time we have reached the price around $18400 as the lowest. Further some price speculation took place and the market is in a better position now. Now we're in the last quarter of the year and got into November. This month's market movements will show whether we'll have a downward market or end up the year bullish. Holiday spendings over the end will cause market bounce than decline.

A good end of the year is expected especially regarding the price. I wouldn't worry too much about how bitcoin closes the year, it's never been a problem. I just want to sit back and get as many opportunities to buy bitcoin on each drop as I can afford, this is even more likely for me to worry about.

As far as what I want to say, bitcoin is the most potentially profitable investment in the crypto world. Anything can happen, and I think we're bound to expect the same. Regarding the price, I think it can go down, up or sideway, but the most important thing is to take advantage of the opportunity.

[Ani1985]

We have had a difficult time that made many users panic, the price has dropped below $18k and in my opinion this is the lowest position, we can see that when the price is low there is a very large transaction volume that makes the price go back to $20k .

[EarnOnVictor]

Finally, Bitcoin has put the prediction on this thread to rest, the coin hit the low of this year once again on Tuesday. It was as if the low would not come into force anymore, but for the fundamental crises that plunged it to break the well-preserved low of June at 17625.00. This was as FTX's future was shaking and the fear of insolvency compounded when it reached out to its rival Binance for liquidity help. This shocked the market and it has not yet recovered from it as it's still holding below $17k at the time of making this writing.

[ShowOff]

Finally, Bitcoin has put the prediction on this thread to rest, the coin hit the low of this year once again on Tuesday. It was as if the low would not come into force anymore, but for the fundamental crises that plunged it to break the well-preserved low of June at 17625.00. This was as FTX's future was shaking and the fear of insolvency compounded when it reached out to its rival Binance for liquidity help. This shocked the market and it has not yet recovered from it as it's still holding below $17k at the time of making this writing.

OK, we both know now bitcoin has hit a new low this year at $15.5K. Apparently Binance and FTX played a role in this downturn cycle, but I hope another low won't occur for the rest of the year. I just imagine that $20K is still very possible to close the year and my investment now will be much more profitable. I believe this will never be true forever, but the panic I think will subside soon.

Currently the bitcoin price is $16.7K, but I wouldn't be very surprised if bitcoin still has the potential to lose its price due to the growing panic and negativity.

[erep]

OK, we both know now bitcoin has hit a new low this year at $15.5K. Apparently Binance and FTX played a role in this downturn cycle, but I hope another low won't occur for the rest of the year. I just imagine that $20K is still very possible to close the year and my investment now will be much more profitable. I believe this will never be true forever, but the panic I think will subside soon.

Currently the bitcoin price is $16.7K, but I wouldn't be very surprised if bitcoin still has the potential to lose its price due to the growing panic and negativity.

It is difficult to predict if bitcoin will not record a new history for the lowest price in the rest of the year, we can see movement patterns and negativity with various attacks of issues, so if the role of FTX does not find a solution to increase trading liquidity and prevent all the problems experienced then bitcoin price would definitely be lower than $15k, but I'm not saying worst case market because I just deposited additional funds for a new portfolio investment.

[Newlifebtc]

The way bitcoin price is going now I don't think that there is only one that is expecting it to go increase up to hundred thousand in value, the value of cryptocurrency is poor so i believe that cryptocurrency value is something we can on our own have the decision that anything it comes out we take it like that.

[19Nov16]

I'm sure that the price of Bitcoin immediately exploded after reaching the lowest position, and according to the prediction of many experts that the possibility of prices will drop below $ 10K, of course this makes us panic when the price is below $ 10K, but I will continue to buy when the price is below $ 10K , this year's moment seems to repeat some of the trends that have happened so that it makes us prepared to immediately buy.

[EarnOnVictor]

OK, we both know now bitcoin has hit a new low this year at $15.5K. Apparently Binance and FTX played a role in this downturn cycle, but I hope another low won't occur for the rest of the year. I just imagine that $20K is still very possible to close the year and my investment now will be much more profitable. I believe this will never be true forever, but the panic I think will subside soon.

Currently the bitcoin price is $16.7K, but I wouldn't be very surprised if bitcoin still has the potential to lose its price due to the growing panic and negativity.

It is difficult to predict if bitcoin will not record a new history for the lowest price in the rest of the year, we can see movement patterns and negativity with various attacks of issues, so if the role of FTX does not find a solution to increase trading liquidity and prevent all the problems experienced then bitcoin price would definitely be lower than $15k, but I'm not saying worst case market because I just deposited additional funds for a new portfolio investment.

Maybe you did not weigh your response very well, there is no way Bitcoin would get back to a historic low anymore, it has gained adoption and recognition beyond that. What it could do is hit more bottom in a single year, but going below $0 (historic low) will never happen again. And in the current dispensation, I, as an experienced analyst would not believe that Bitcoin would hit $3000 ever again. No one knows tomorrow, but the adoption would be getting better, so it would be pushed higher before selling too much.

[yohananaomi]

I'm sure that the price of Bitcoin immediately exploded after reaching the lowest position, and according to the prediction of many experts that the possibility of prices will drop below $ 10K, of course this makes us panic when the price is below $ 10K, but I will continue to buy when the price is below $ 10K , this year's moment seems to repeat some of the trends that have happened so that it makes us prepared to immediately buy.

I think that this year there won't be a $10K price drop, but if next year is possible, why next year and not this year? of course this is always questionable, because predictions that the world will experience an economic crisis will start next year and obviously this will also have an impact on crypto. because all will refrain from spending their money on interests other than basic needs where indeed all will spend on a priority scale.

I concur that while the price does continue to fall and if it does get to $10K then it is an opportunity to continue to be able to buy and hold it until the expected boost season after the upcoming halving period.
indeed there is still quite a long time for improvements to occur and there is always the opportunity to continue buying if you do have more funds.

[noormcs5]

I'm sure that the price of Bitcoin immediately exploded after reaching the lowest position, and according to the prediction of many experts that the possibility of prices will drop below $ 10K, of course this makes us panic when the price is below $ 10K, but I will continue to buy when the price is below $ 10K , this year's moment seems to repeat some of the trends that have happened so that it makes us prepared to immediately buy.

I think that this year there won't be a $10K price drop, but if next year is possible, why next year and not this year? of course this is always questionable, because predictions that the world will experience an economic crisis will start next year and obviously this will also have an impact on crypto. because all will refrain from spending their money on interests other than basic needs where indeed all will spend on a priority scale.

I concur that while the price does continue to fall and if it does get to $10K then it is an opportunity to continue to be able to buy and hold it until the expected boost season after the upcoming halving period.
indeed there is still quite a long time for improvements to occur and there is always the opportunity to continue buying if you do have more funds.

How can you say that the bitcoin price will drop to 10K in the next year 2023? I think the bottom of the market will be made in this year and if i am not mistaken bitcoin fell to 15800$ and this could be the bottom for this bear market.

Yes, bitcoin can fall below this level but it needs another big bad news. So nothing can be said perfectly but in a normal situation, if there is no bad news, I think we have already found the bottom of this bitcoin bear cycle. All the fundamental indicators indicate that bitcoin should go up from here and we also hope bitcoin does not fall further.

[ginsan]

How can you say that the bitcoin price will drop to 10K in the next year 2023? I think the bottom of the market will be made in this year and if i am not mistaken bitcoin fell to 15800$ and this could be the bottom for this bear market.

Yes, bitcoin can fall below this level but it needs another big bad news. So nothing can be said perfectly but in a normal situation, if there is no bad news, I think we have already found the bottom of this bitcoin bear cycle. All the fundamental indicators indicate that bitcoin should go up from here and we also hope bitcoin does not fall further.

at the end of the year or at the end of this year, I think btc has reached its lowest level of decline from ATH in 2021. if you look at this market cycle, this is a fairly deep decline that has occurred this year because the cypto industry was hit by 3 kinds of big problems, the first was the war between russia and ukraine  and the second is the fall of Terra luna and the last is the Ftx case this year. therefore I don't think that the market will experience greater turmoil if it is not accompanied by more bad news.

next year or 2023 I think big changes will happen in next year maybe the positive thing we hope for is mass adoption that is happening in several countries besides that we are getting closer to the halving in 2024.

[Rasa nanas]

in about 20 more days we will enter a new year, namely 2023, it seems that in the last 20 days there will be no significant price movement from bitcoin and that means at the beginning of 2023 we will see the price of bitcoin not far from the current price. as you said if the bad world economic conditions make it difficult for bitcoin prices to move up and no one knows for sure when the bear market will end.

[Yatsan]

How can you say that the bitcoin price will drop to 10K in the next year 2023? I think the bottom of the market will be made in this year and if i am not mistaken bitcoin fell to 15800$ and this could be the bottom for this bear market.

Yes, bitcoin can fall below this level but it needs another big bad news. So nothing can be said perfectly but in a normal situation, if there is no bad news, I think we have already found the bottom of this bitcoin bear cycle. All the fundamental indicators indicate that bitcoin should go up from here and we also hope bitcoin does not fall further.

at the end of the year or at the end of this year, I think btc has reached its lowest level of decline from ATH in 2021. if you look at this market cycle, this is a fairly deep decline that has occurred this year because the cypto industry was hit by 3 kinds of big problems, the first was the war between russia and ukraine  and the second is the fall of Terra luna and the last is the Ftx case this year. therefore I don't think that the market will experience greater turmoil if it is not accompanied by more bad news.

next year or 2023 I think big changes will happen in next year maybe the positive thing we hope for is mass adoption that is happening in several countries besides that we are getting closer to the halving in 2024.

For sure there are other factors which contributed to the market downfall such as interest and capability of investors to engage with this technology given that many people are struggling with daily expenses. The market price is determined by the demand as we all know. So how will people create a damand if they are not capable to invest due to circumstances? For next year, we're not yet sure but I hope things won't be the same as with 2019 wherein the market was stagnant for more than a year. So what's having a bigger chance right now indeed is year 2024 wherein 2nd halving is expected which could boost the morale of investors.

[Sir Legend]

Today the market is red again and makes it even more difficult for us to expect too much, even if the price has touched $20k in the rest of this month then we should be grateful, of course we have never thought of a market like this, especially if we see in 2021 when the price reaches more from $69k.

[crunck]

Today the market is red again and makes it even more difficult for us to expect too much, even if the price has touched $20k in the rest of this month then we should be grateful, of course we have never thought of a market like this, especially if we see in 2021 when the price reaches more from $69k.

Are you wondering what is happening with bitcoin? I think as someone who has been in the market long enough like you, this drop is normal. For me, I think it will be even worse now, bitcoin price is still very high. I predict bitcoin will drop to 10k in 2023 and you better prepare yourself or you will be shocked again.