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Question: what is the bottom of this bear market BTC
8000-10000 - 2 (5.6%)
10000-12000 - 6 (16.7%)
12000-15000 - 11 (30.6%)
15000 above - 17 (47.2%)
Total Voters: 36

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Author Topic: what is the bottom of this bear market BTC  (Read 897 times)
Bitstar_coin
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October 18, 2022, 03:52:34 PM
 #41

I sincerely hope not, so far btc has been fighting to stay above 18k and am really hoping it stays this way for some time. Hopefully there will be no negative news from the government to push the price down, in bear market, any little negative news can trigger sell pressure. I saw a post in one of the btc telegram channel i follow where the admin posted btc has found its floor, am not sure if by this he/she is referring to the bottom. i think only expert can tell what the bottom of btc will be (if they actually can).
I hope it doesn't go as low as 15k because many investors will panic sell.

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October 18, 2022, 08:40:02 PM
 #42

The poll is intentionally rigged to suggest that there must be a big drop to a much lower price (-25% dump) whereas there is no reason for it to happen specially since the past couple of weeks have proven that despite most the world economy going to shit, bitcoin doesn't want to go any lower than the current price. Wink
And this is where people should be looking at on which the support on 17-18k price isnt something that could be easily be broken despite of having lots of economical problems that we do have but still it do manage

to hold strong with these levels which does indicate that support is really that strong.We cant determine or making up conclusion if this one is already the bottom but its not really that a bad option to take

or consider for you to get in with these prices.It would really be still that a considerable action or step to take but of course always be mindful about the risk.
We havent seen the worst possibly for this year but hopefully it would not.

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October 18, 2022, 10:33:33 PM
 #43

Lets poll the lowest BTC price can expect this bear market
If we look at the current exchange, maybe the price of Bitcoin will not seem to move from the price of $19k. But I'm sure the price will drop much lower than that price. Maybe it's just a matter of time. And I also hope that the price of Bitcoin will drop beyond the current price. Because this is part of the investment opportunity.

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October 18, 2022, 10:50:26 PM
 #44

Lets poll the lowest BTC price can expect this bear market
Do you know cryptocurrency bottom is not fixed, and making an analysis of cryptocurrencies trading, i believe it's something of personal suggestion because none of the suggestion is perfect, and i believe that cryptocurrency can have its increment when the investors venture into the market, and it might be today or next year, so in summary is that Bitcoin price is not what someone can as well predict it's values, because it's obvious the price never be stagnant.

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October 19, 2022, 02:46:06 AM
 #45

Lets poll the lowest BTC price can expect this bear market
The lowest price for Bitcoin is above the price in the poll you created. Maybe $17.8K could be the lowest price since the bear market took place as it goes along with inflation.
Yesterday the Bitcoin chart was green which was indicated as a sign that the market would be bullish even if it only lasted for a moment.
The potential for increased prices remains this year.
hold.

R


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October 19, 2022, 05:54:59 AM
 #46

Lets poll the lowest BTC price can expect this bear market
The lowest price for Bitcoin is above the price in the poll you created. Maybe $17.8K could be the lowest price since the bear market took place as it goes along with inflation.
Yesterday the Bitcoin chart was green which was indicated as a sign that the market would be bullish even if it only lasted for a moment.
The potential for increased prices remains this year.
hold.

We have been hovering around this prize for a while now, it may be safe to say that this is the lowest it can get for this year. Normally, the price spikes in November and slowly goes down again in December into the next year. We may see the same trajection of the price this year as you indicated that the market may enter a bullish market. It may be short though so this poll can still be valid for next year because we have not fully left the bear market. We may see the lower prices listed next year.
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October 19, 2022, 06:12:42 AM
 #47

The lowest price for Bitcoin is above the price in the poll you created. Maybe $17.8K could be the lowest price since the bear market took place as it goes along with inflation.
Yesterday the Bitcoin chart was green which was indicated as a sign that the market would be bullish even if it only lasted for a moment.
The potential for increased prices remains this year.
hold.
It's not make sense if you think if the chart is green, it will bullish and vice versa, because it could be just a normal volatility. I think if Bitcoin price increase or decrease higher than 10%, we actually can say it's a sign or bullish or bearish since 10% change in a day is quite big.

The inflation problem still not resolved yet, we're currently still suffer high inflation and next year could be worse than this year. I doubt the lowest is $17.8K, right now I have a plan to sell my gold to fiat and then start DCA-ing Bitcoin.

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October 20, 2022, 02:14:16 AM
 #48

The lowest price for Bitcoin is above the price in the poll you created. Maybe $17.8K could be the lowest price since the bear market took place as it goes along with inflation.
Yesterday the Bitcoin chart was green which was indicated as a sign that the market would be bullish even if it only lasted for a moment.
The potential for increased prices remains this year.
hold.
It's not make sense if you think if the chart is green, it will bullish and vice versa, because it could be just a normal volatility. I think if Bitcoin price increase or decrease higher than 10%, we actually can say it's a sign or bullish or bearish since 10% change in a day is quite big.
It is only indicated as a sign that the market will be bullish, for me it doesn't matter. It depends on someone's analysis to see even though what happened yesterday could be only limited to volatility.

The inflation problem still not resolved yet, we're currently still suffer high inflation and next year could be worse than this year. I doubt the lowest is $17.8K, right now I have a plan to sell my gold to fiat and then start DCA-ing Bitcoin.
Regarding the issue of inflation, Bank of America said the US economy is in good condition. Meanwhile, what we know is that inflation was the worst thing that ever happened during the 2008-2009 period. This condition will continue if the Ukrainian conflict has not been resolved.

R


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October 20, 2022, 07:00:24 AM
 #49

I saw an article a few days ago where someone predicted that Bitcoin would go to $6000 in this bearish market. Then I thought he might be on drugs ‍addicted. Otherwise, how could such a thought come to his mind. One point may be mentioned here. Maybe the whales will try to dump the price of Bitcoin further with such news coverage and then they will try to profit from it. But in reality it does not want to come below 17000. So always avoid fake news or article which is make you frustrate towards bitcoin.

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October 25, 2022, 07:00:27 PM
 #50

Could be today is the near bottom pricing, as we accelerate away.   Its only definite afterwards but I would ring the bell right now as a definite maybe.

Super nice breakout for BTC just recently.   Its going past all the moving averages and could really go somewhere maybe, so long as this doesnt reverse back down like it has before.   If we continue to trade above and maintain positively above the 50 day average, this is the day you should ring on your calender in RED as the day BTC broke the negativity; dont fall asleep lulled by the market to ignore every move.
   If we find it all failed tomorrow feel free to draw in a big black cross across that breakout day, it failed but there is no point acting fearful and ignoring this point at which BTC can quite possibly gain in short period in region of 50% over where it was.

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October 25, 2022, 09:48:43 PM
 #51

I saw an article a few days ago where someone predicted that Bitcoin would go to $6000 in this bearish market. Then I thought he might be on drugs ‍addicted. Otherwise, how could such a thought come to his mind. One point may be mentioned here. Maybe the whales will try to dump the price of Bitcoin further with such news coverage and then they will try to profit from it. But in reality it does not want to come below 17000. So always avoid fake news or article which is make you frustrate towards bitcoin.
There are even who do predict out that it could reached below 2k which is really something too far off if we do make out some comparison or basing up on technicals.Im not saying that we wont really be seeing these

numbers possibly since this market is totally unpredictable.There's no way that we could predict on whats ahead and this is where we do really take out lots of speculations and even talking

the worst possible scenario which it cant be avoided for people not to say since we do have those lots of experience back in the past speaking about price volatility.
No one could able to determine on whats the bottom and this is why we do keep on speculating.

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October 25, 2022, 10:03:35 PM
 #52

Lets poll the lowest BTC price can expect this bear market
I think that is a question that everyone would like to know the answer and it will depend on external circumstances, if the economies of the world remain at their current state but things do not get worse then I think 15k could be the lowest price we could see, but if things move in the wrong direction then I think it is possible we may get to see bitcoin at 10k, and while this could be discouraging it would also be a massive opportunity for people like us.

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October 25, 2022, 10:31:10 PM
 #53

If we pay attention to the market conditions it will often see that the price fluctuates $ 18k - $ 20k, so it can be concluded that when the price drops below $ 19k then we can say bearish and I recommend to immediately buy, or vice versa when the price has touched $ 20k then Selling some is better and profitable.
I will say from my observation, since this year Bitcoin have not exceed the value of twenty and twenty five, and if the market is fluctuating that means that the market is lacking support and the supply of the market is higher than the demands, so they whatever Bitcoin has experience today it's Trace from the history of the acceleration of Bitcoin in price and mostly the degradation aspect of it's values

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October 25, 2022, 10:49:38 PM
 #54

If we pay attention to the market conditions it will often see that the price fluctuates $ 18k - $ 20k, so it can be concluded that when the price drops below $ 19k then we can say bearish and I recommend to immediately buy, or vice versa when the price has touched $ 20k then Selling some is better and profitable.
I will say from my observation, since this year Bitcoin have not exceeded the value of twenty and twenty-five, and if the market is fluctuating that means that the market is lacking support and the supply of the market is higher than the demand, so they whatever Bitcoin has experience today it's Trace from the history of the acceleration of Bitcoin in price and mostly the degradation aspect of its values
The resistance level at 20k is much and just as you have rightly stated, Bitcoin have lack the volume of resistance needed to push its price to the next level if what is happening to continuously, we may see more price fluctuation in the coming day or weeks but am sure we may not see that low Bitcoin price as mentioned in the poll.

But that not withstanding, a lot of investors are waiting for.more price case to buy in big this time but how long their have to wait is what is not certain at this point in time.
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October 26, 2022, 08:53:55 AM
 #55

Vote is for 15k+. I don't think it will go down that number any time or anymore. Even though it's volatile it's strength now is higher than it was years ago.
Many investors still believe that it is the best cryptocurrency to hold for a long time than any altcoin or new projects that claims they will topple it.
All we need is to wait for the bull run once this world economy goes back to normal or better, and the war ends in neighbor countries.

We hope that the price of $ 15k does not occur and The Bottom is $ 17k that occurred some time ago, at this time the price has reached $ 20600 and I hope tomorrow or the day after tomorrow will rise soon at $ 21K, if this scenario occurs I'm sure in November it will touch $ 25k And make investors optimistic to continue to buy so that the price of Kana continues to skyrocket.
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October 26, 2022, 09:40:58 AM
 #56

Vote is for 15k+. I don't think it will go down that number any time or anymore. Even though it's volatile it's strength now is higher than it was years ago.
Many investors still believe that it is the best cryptocurrency to hold for a long time than any altcoin or new projects that claims they will topple it.
All we need is to wait for the bull run once this world economy goes back to normal or better, and the war ends in neighbor countries.

We hope that the price of $ 15k does not occur and The Bottom is $ 17k that occurred some time ago, at this time the price has reached $ 20600 and I hope tomorrow or the day after tomorrow will rise soon at $ 21K, if this scenario occurs I'm sure in November it will touch $ 25k And make investors optimistic to continue to buy so that the price of Kana continues to skyrocket.

Possibilities are there but seeing how stable the market is maybe we can figure out that this will never happen as for sure once many investor see the storm has been calm they maybe come to hold back bitcoin again. But let see its so early to tell everything we speculate since maybe we can see some changes either we like it or not.

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October 26, 2022, 10:37:48 AM
 #57

looking at how it works now? i believe that  the bottoming is still not over and it may continue to drop even if we are seeing a good increase in our time now.
there are increase happening like 7% in bitcoin but the problem is the world is still suffering from wars and inflations .
so lets see how this ends as the year near to close .

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October 26, 2022, 10:49:41 AM
 #58

I sincerely hope not, so far btc has been fighting to stay above 18k and am really hoping it stays this way for some time. Hopefully there will be no negative news from the government to push the price down, in bear market, any little negative news can trigger sell pressure. I saw a post in one of the btc telegram channel i follow where the admin posted btc has found its floor, am not sure if by this he/she is referring to the bottom. i think only expert can tell what the bottom of btc will be (if they actually can).
I hope it doesn't go as low as 15k because many investors will panic sell.

The war is still going on, inflation has not cooled down so for sure negative news will come, in November we will have news that the Fed will raise interest rates, let's prepare ourselves for everything.

If you ask me if there are manipulator sharks in the market, I will believe that sharks are real, but I do not believe that there is an expert who can accurately predict the bitcoin price. If so, I think he will be richer than Elon. All predictions are for reference only, do not trust anyone claiming to be an expert. $15k won't be too bad if you're waiting to buy it, its bad or the opportunity is up to you to decide.



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October 27, 2022, 07:16:31 AM
 #59

the answer  votes are given and that made it decide about 15k and above and that is the recent bottom at 17k? though there are some possibilities that there may come more lower yet ?  people here are still believing that there are more bitcoin can bring this coming year ender.
so either 15k above or below , actually most of us care nothing because we are ready to keep it hold for a certain time.
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October 27, 2022, 09:26:10 AM
 #60

Lets poll the lowest BTC price can expect this bear market
Honestly, I have nothing wish for the bottom and am not even interested to know because no matter what we do, the drop will come in no specific time and price. But I think, the bottom price has already been reached in the past few days, and we are now looking forward to the market recovery.
And the reason I don't want to know it is because that will only gain negativity and those who don't understand the nature of the market will even think more about the negative, and panic selling may appear in their mind.



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