Will Bitcoin hit 2022 low again?

[Sebas.tian]

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.

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[Fatunad]

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.

What are the indications or things you do consider as a reason on why we would be having that recovery for the end of this month of October?
For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.

For people who do trade up for short term, then it would really be just important on making up such sudden decisions.

[GeorgeJohn]

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

I don't like the situation whereby if the price of Bitcoin drops some of began to understand it in different ways, actually it's quite understandable that bitcoin price always get increase or Arise whenever it experience low value, using last two days as an illustration, when it's red, it do experience positive reaction as resurrection within interval.

[Natalim]

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

I don't like the situation whereby if the price of Bitcoin drops some of began to understand it in different ways, actually it's quite understandable that bitcoin price always get increase or Arise whenever it experience low value, using last two days as an illustration, when it's red, it do experience positive reaction as resurrection within interval.

It is moving like a roller coaster in the first place. It moves up and down depending on the market supply and demand which really affects not only Bitcoin but also the entire crypto market. If we have a long experience in the crypto market, we no longer get surprised about the situation because that is what we usually experience. As we are experiencing bear season this year, this will surely change in the coming years. We have a so-called market cycle and that is certainly comes whether we like it or not.

[EarnOnVictor]

Today the Red Again Market and have been more than a week of bitcoin prices below $ 20K, I hope the market will immediately rise so that it can profit again, another impact is of course the number of altcoins that drop significantly so that it makes us more loss.

Yes, the market price will definitely increase higher before the end of this month of October for both long term traders and short term traders to embrace the opportunity to sell and make a huge amount of money. Since the green light is preparing to remain stable in the market, show that Bitcoin price will hit $40,000 any moment from now for those that purchased when the price was $18,000 to supply to be part of favourable traders that will embrace the opportunity soon. I think, bearish season will end this month of October because the price of Bitcoin is changing gradually in the market for traders to get ready to smile again in the community.

I decided in September that I would not be supporting the bearish trend of Bitcoin seriously at least in October and I am not changing that for now. The reason is that the market might not be so bullish but it is actually defensive and might be causing the sellers to lose if they persist in holding their positions. A lot of buyers are at the lower end of Bitcoin price, so they will continue to defend it higher from $17625-19000. This makes me suggest that the October market might be bullish overall.

the chart already shows that bitcoin is really strong at its support price at $18k,
even a few days ago it dropped to $18k and bounced to $20k in just a few days,
because October is always bullish for bitcoin, of course this is good news and will persist.

Nothing is "really strong" here and I dislike people making references like this when they don't have a valid reason. So you are telling me that all Octobers of Bitcoin would ever be bullish? You might be right about the short-term trend because I am bullish on it this December but it's clear that you just guessed with no valid reason.

What are the indications or things you do consider as a reason on why we would be having that recovery for the end of this month of October?
For me, i dont see any relevant information or technical indications that we would really be having a u-turn price movement for the end of this month.
This is what make things even more harder to guess and presume out on what would be the price.

For people who do trade up for short term, then it would really be just important on making up such sudden decisions.

The obvious answers are right in front of the trading chart unless you do not trade Bitcoin at all. If anyone could see the 4H and daily chart of BTC, such should immediately know that the market is bullish this week. And this might be the preparation for it to maintain the bullish ground for the rest of October, or for the majority of the days of the month.

[XwWnu]

Bitcoin will be stable between $18k to $25k and will not drop below $15k,
I believe that because 2023 there is a possibility that the bulls will start again,
just like a few years ago where the bears will be 1 year.

[btc_angela]

October has been running a week and the market has not shown a sign to move positively, yesterday the price of rising and returning to $ 20k but today there was another correction and dropped to $ 19800, if in 2021 the price of rising and reached ATH an increase and began in October, and This year there has been no increase so I am sure that in 2022 it is difficult to rise.

I guess if we see $22k, then I would definitely agree with you about signs of moving positively. However, the price goes on a correction and dropped below $20k.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

[ShowOff]

OP, I basically believe that eventually the increased selling pressure will push the bitcoin price down for a while. Price corrections always occur lately so this pattern makes the bitcoin price sideway between $19K to $21K. I'm not sure where the lows are this year, but I agree that prices could hit their lowest this year if the worst case scenario occurs.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

Yes, $20K is close so it probably won't be hard to hit even now that the price correction is happening. You've seen it achieved but then come back down, this has happened over and over again during this time.

[Paul Pogba]

OP, I basically believe that eventually the increased selling pressure will push the bitcoin price down for a while. Price corrections always occur lately so this pattern makes the bitcoin price sideway between $19K to $21K. I'm not sure where the lows are this year, but I agree that prices could hit their lowest this year if the worst case scenario occurs.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

Yes, $20K is close so it probably won't be hard to hit even now that the price correction is happening. You've seen it achieved but then come back down, this has happened over and over again during this time.

If we look at market conditions, we deserve to be optimistic if prices can still return to $20k, many analysts believe prices will continue to drop because of external conditions, namely inflation that occurs in almost all countries, if October is still stable at $20k there is hope for it to rise again in the following month.

[DanWalker]

October has been running a week and the market has not shown a sign to move positively, yesterday the price of rising and returning to $ 20k but today there was another correction and dropped to $ 19800, if in 2021 the price of rising and reached ATH an increase and began in October, and This year there has been no increase so I am sure that in 2022 it is difficult to rise.

I guess if we see $22k, then I would definitely agree with you about signs of moving positively. However, the price goes on a correction and dropped below $20k.

So not sure if there is manipulation from speculators riding on Elon Musk buying Twitter to push the price to $20,500 and then making a sell off that's why the price goes to $19,800. Hopefully we can go back to $20k as this is a very important support line to us.

I don't see any relationship between the market and Elon buying twitter. Bitcoin's current rise or fall completely depends on the economic situation, inflation, energy crisis and news related to Fed interest rates. It can be seen that inflation has not decreased but also increased in the EU area, so the possibility of bitcoin's price increase in the last months of the year is definitely not there. But in a bear market there are always short-term rallies and this October we still can't expect bitcoin to recover to $22k or $25k before falling again. It doesn't make much sense to long term holders but to short term speculators it makes a lot of sense.

[bestcoins1]

If we look at market conditions, we deserve to be optimistic if prices can still return to $20k, many analysts believe prices will continue to drop because of external conditions, namely inflation that occurs in almost all countries, if October is still stable at $20k there is hope for it to rise again in the following month.

There is always hope for those who are willing to be patient in facing this difficult situation. Because the increase and decrease in Bitcoin in the market will continue to occur as long as there is still demand and supply in the market. That is something that cannot be avoided, especially if more and more people are liking Bitcoin. It is certain that the price increase will occur again in Bitcoin.

The red market like now makes us unable to expect more, I agree that it will be difficult to reach $ 30k, even if the price can be stable in the $ 25k- $ 28k range then I am grateful even though I once bought Bitcoin at the most expensive price is $ 55 K.

If Bitcoin can stabilize at a price of $25k- $28k within this year. That is a very extraordinary thing in my opinion, because in this year it is clear that a lot of people have bought at low prices and are waiting for a price increase to occur, although some people are not waiting for a new ATH on Bitcoin. But if the price of Bitcoin can stay in the range you say it is, there will definitely be more people who are happy.

[Mario Yamasaki]

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

[bestcoins1]

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

If his profession as a big investor in the crypto space is indeed a good moment like now, but for ordinary people who are not investors or just people who are able to buy in small quantities, they can only be patient waiting for the Bulls to come again and I personally believe that the next Bullish will not be present this year.
Because market conditions are still at the same level as last month.

[Falconer]

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022. But before that, I have to assure you that $20K - $30K is also very likely to be expected. The current bear market will not last forever, market recovery is expected but of course we are always in two possibilities so speculations about the future of prices are being discussed all the time. I don't expect the price to drop to $15K for the rest of the year, but who knows.

[BobK71]

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

[KennyR]

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend. There are various logical reasons for this. War and inflation in particular have been the biggest obstacles. Crypto analysts feel that the coming year is going to be a challenging year for crypto. Where economic recession has to be fought. In that direction, the market is likely to go down further.

We're into the final quarter of the year. The market movement is happening within specific range. There used to have uptrend at the year end growth. During the time of covid-19, entire world suffered bad economic condition and slowly started to recover. By the time war, oil crisis, food shortage and different issues arose and it ended up on hard inflation. Every year is challenging, as we don't know how the market progress/decline takes place. However at the year end there used to have a bullish move which can be the sideways movement to have little profit.

[BuNga_cute]

We have been running for 10 months in 2022 and it seems that the market will be closed with red conditions, many say this is a negative trend that is common in 4 years, but for investors who have a lot of money then this is a good opportunity to buy at a price inexpensive.

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.
Because the market doesn't show any positive movement, even in the past few weeks the price of Bitcoin has struggled to rise above
the $20k price. Moreover, the condition of the world economy is not doing well, so it's only natural that the demand for Bitcoin decreases
and that can cause Bitcoin to drop to a lower price. Even if the Bitcoin price has dropped to a lower price, we really don't need to panic.
Because if we study the crypto world well, we definitely understand how Bitcoin works. This means that we know how deep the price of
Bitcoin falls, Bitcoin can always recover and the price rises to a higher price. Therefore, the step we should take is to buy Bitcoin every time
the Bitcoin price drops lower. Because by continuing to accumulate Bitcoin, then when the market recovers we can generate large profits.

[STT]

Its not looking good today, we appear to be failing the trend.  I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action. Im not sure it has to mean a similar low seen prior in 2022, might even be worse but my outlook is negative with this development.



Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue.   If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

[EarnOnVictor]

I believe that every trader and investor should remain optimistic about the market now and in the future. Price correction can happen and vice versa better potential can also be achieved, that is the most likely thing to happen to bitcoin.

I finally have to say YES, bitcoin still has the potential to bottom out again for the rest of 2022.

No one should be optimistic yet about Bitcoin, such might be disastrous. What I could advise is for everyone to always reanalyze the market on the daily basis, which is the only way we will not make mistakes. The Bitcoin that was bullish yesterday might be bearish today, so we have to be careful and dynamic.

Its not looking good today, we appear to be failing the trend.  I hope we recover before end of week and so the move is negated but yet another trend failure is not expected to lead to any good price action.

Bitcoin was bullish last week but has slipped back to a bearish trend since after Friday. This is a good development for the bears and it might last for the rest of this week according to my long-term analysis. The bullish enthusiast should, therefore, wait for now.

It is true that in 10 months we will experience a bear market, it looks like the bear market will continue until the end of this year.ofits.

Of course, the bears rule the market in 2022, and might still dominate till the end of the year. The market has been bearish since 2021 if you look carefully at your chart, and it is however better that we remain firm with that view in the long term. But we could regularly adjust our stances on the short-term outlook.

We are almost at the end of 2022. The market is a bit stable at a time when Bitcoin is supposed to be in an uptrend.

It could be a warning to you that Bitcoin is not yet ready to buy as it is hesitating to rise much when it has bullish opportunities. It might be confined within $25k and $17k for the time being (throughout 2022), so we should all get used to it and make out opportunities within the levels.

[btc_angela]

Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue.   If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.

Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again.

I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k.