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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 940 times)
Zanab247
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October 28, 2022, 05:36:02 AM
 #61

Looking at the current price in the crypto market, show that we are out of the lowest price in this season because the price of Bitcoin just moved to $20k, which the green light is still dominating in the market to alert investors that the bull season is near. Since the price has moved to this current price, show that people will soon enter bull run that will make them to achieve a good profits from their investment, and have a good time to prepare ahead for another bear run to come again.

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October 28, 2022, 09:29:21 PM
 #62

Looking at the current price in the crypto market, show that we are out of the lowest price in this season because the price of Bitcoin just moved to $20k, which the green light is still dominating in the market to alert investors that the bull season is near. Since the price has moved to this current price, show that people will soon enter bull run that will make them to achieve a good profits from their investment, and have a good time to prepare ahead for another bear run to come again.
A slight increase in the market, especially in Bitcoin is inconclusive for a bull run, as a decline could still occur in the near term before a real bull run hits the market or in Bitcoin. The price of Bitcoin at this time is still not too far from the lowest price that has ever happened, so there is no need to conclude that the bearishness is over. Now the condition is still bearish and not over yet, although everyone expects this bearish to end soon.

Yes, still uncertain if we have reached the bottom of this bear market or not at $17,500. Sometimes I think that we have floor it, however, we still have 2023 for next year and it could be a bear market still.

So it's better to just be prepared for everything that 2024 will throw in our way, it could be that we will see another lower lows, or even $10k. Or the price action will remain in this way, sideway pattern around $20k'ish with some moment wherein the price will bounce back. Bearish season will end after the block halving and it is schedule to happen in 2024. Many things can happen along the way and just be ready in any case.

 
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October 29, 2022, 07:43:33 AM
 #63

In the opinion of many experts that many are sure that the market will continue to fall to below $ 15k, of course we do not expect this to happen, but if it happens then the best thing we do is continue to buy, price pressure like this will usually occur within short and market immediately risping again


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October 29, 2022, 11:58:08 AM
 #64

Looking at the current price in the crypto market, show that we are out of the lowest price in this season because the price of Bitcoin just moved to $20k, which the green light is still dominating in the market to alert investors that the bull season is near. Since the price has moved to this current price, show that people will soon enter bull run that will make them to achieve a good profits from their investment, and have a good time to prepare ahead for another bear run to come again.
It seems we are out from the bear market and the bottom. Bitcoin price lasted at $19k for a longtime and with the look of how the market is nowI it seems we are about entering the bull season now. But let still watch if it will still be increasing as time goes on, we are moving to the season when investors will enjoy their opportunities. The reason I feel the bear market is over is that bitcoin price stayed for a long time at $18-19k .

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October 29, 2022, 01:40:30 PM
 #65

It looks like the bottom price is $ 17k and has been more than 3 months not in that price range, good news today because the market rising is more than 8% for a week, I'm sure this year's market can rise and the end of the year the price can return to $ 40k or up 2x compared to the current price.

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October 30, 2022, 04:52:15 AM
 #66

It looks like the bottom price is $ 17k and has been more than 3 months not in that price range, good news today because the market rising is more than 8% for a week, I'm sure this year's market can rise and the end of the year the price can return to $ 40k or up 2x compared to the current price.

Yes, it was more than 3 months ago when he hit that all time low in this bear market. But then again, we still in the middle of it and if history is going to repeat itself, then in the last couple of months before the halving the price will have to go down just like in 2020. I doubt that the price will return to $40k, we still have lot problems globally, the war and so it will be winter once again, and the price of crude oil will definitely go up because of EU crisis. US is suffering from inflation, so I don't see the price doubling up at the end of the year.

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October 30, 2022, 05:09:45 AM
 #67

Lets poll the lowest BTC price can expect this bear market
I voted for the 12000-15000 option and my reasoning for this is simple, I do not think the bears are done attacking the price of bitcoin, I think they still want to make the price of bitcoin even lower so they can buy it now and obtain even bigger profits in the future.

Now maybe I am wrong and the bears are not going to launch an attack at the end of year, and if that is the case then that is even better as I do not really wish for the price to go that low as it could create massive panic among the relatively new holders and they could sell their coins for a loss.
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October 30, 2022, 09:03:37 PM
 #68

I voted for the 12000-15000 option and my reasoning for this is simple, I do not think the bears are done attacking the price of bitcoin, I think they still want to make the price of bitcoin even lower so they can buy it now and obtain even bigger profits in the future.

Now maybe I am wrong and the bears are not going to launch an attack at the end of year, and if that is the case then that is even better as I do not really wish for the price to go that low as it could create massive panic among the relatively new holders and they could sell their coins for a loss.
Tie your hands tight and hold on, this should be the reason why you invest in bitcoin. You are not here to feel how the losses are, so resist the urge to sell as much as you can because in the future the price of bitcoin will increase rapidly. The most supportive reason is because the halving will occur in two years, so this should be a good momentum why you and them need to hold on to their bitcoin.

Prevent losses means they should refrain from selling at a loss even if bitcoin could lose 80% of its past ATH value. Beginners should learn from the experiences of others, they should not regret the decision later.


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November 01, 2022, 09:43:28 AM
 #69

it has been given from the votes, and event he market now shows what is it and that is the lowest of 17k that we had recently .

Now that Bottom is being taken we can ask the second part and that is about the highest we can get this market till December.

I am going to 35k .

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 .

The market is increasingly unpredictable, when it looks like it will rise but it turns out red again, of course this is a sign that the difficult time will continue, not much we do, and it's better to buy and hold for the long term, the great potential of Bitcoin will occur in 2 or 3 years again.
sideways is part of every investment platform mate , because not that all we desire will come our way in expected time.
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November 01, 2022, 11:04:08 PM
 #70

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 .

The market is increasingly unpredictable, when it looks like it will rise but it turns out red again, of course this is a sign that the difficult time will continue, not much we do, and it's better to buy and hold for the long term, the great potential of Bitcoin will occur in 2 or 3 years again.
While without a doubt the price is pretty much unpredictable when it comes to its short term movements, we can also see some patterns emerging when we take a look at the movements of bitcoin during the previous years, it is because of this that we recommend holding our coins for the long term because if you are wiling to wait for a long time eventually a new bull run will come which will push the price higher than ever before, unfortunately newbies not only want to earn money in the markets but they also want excitement, so this particular strategy does not attracts them at all and they prefer to take their chances trading bitcoin despite knowing the risks this entails.
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November 02, 2022, 12:03:04 PM
 #71

when you are talking about bear market it must be a continues falling but what we are having now is a stable market and the Bear had already gone.

So if I were to answer then it must be 15k and above because what we have recently is at least 17k lowest performance this year.

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.

in this moment ,  Yes we can keep seeing some possibilities but the thing is that the price now is increasing and yes we can find it as the start of  bullying year.

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November 02, 2022, 02:25:40 PM
 #72

Until now we are happy because prices can return to $ 20K, and hope there will be no bottom after $ 18k that occurred a few months ago, if the price drops again it will take even longer to recover. Now it's time to buy back before price skyrocketing.
Let's hope it doesn't return to $18k or $17k, although it is still possible to see the price drop back to those price levels. But I agree if the price drops again, it will take some time to get back to the current $20k price or even higher. The best time to buy bitcoin happened when the price returned to $17k because, for the time being, $17k was the lowest price. Nonetheless, the current price is a good price to buy more bitcoins.

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YUriy1991
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November 02, 2022, 03:31:14 PM
 #73

For bitcoin lovers, it may be partly scary to see the price drop and partly waiting for it. Looking at skyrocketing transaction volumes, technological advances, market adoption versus bad things like negative media views, market manipulation, overall volatility of the crypto market, it looks like there is a possibility that BTC may be lower now and possibly to $14,0000.

However, bear markets are a natural part of the cryptocurrency cycle. BTC could remain bearish for some time. Or maybe rebound in a short time.

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Questat
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November 03, 2022, 12:53:37 PM
 #74

For bitcoin lovers, it may be partly scary to see the price drop and partly waiting for it. Looking at skyrocketing transaction volumes, technological advances, market adoption versus bad things like negative media views, market manipulation, overall volatility of the crypto market, it looks like there is a possibility that BTC may be lower now and possibly to $14,0000.

However, bear markets are a natural part of the cryptocurrency cycle. BTC could remain bearish for some time. Or maybe rebound in a short time.
Does the market look scary to you? Not guess... As long as we are able to understand the volatility of the market, therefore, we are also aware that dumps and pumps will come. That is why instead of thinking negatively, we use to keep our mind stay calm as this will just pass by. I have no clue what will be the bottom price of Bitcoin nor do I think it badly. But what I see is the opportunity of the market when the drops come. Those who know how to hold will even receive rewards later.

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November 03, 2022, 02:36:44 PM
 #75

when you are talking about bear market it must be a continues falling but what we are having now is a stable market and the Bear had already gone.
I do agree that bull run could be starting sometime soon. It doesn't mean that it will happen right away and we will be 68k+ in a month, that’s not how the bull run works. I believe that we could be 30k by the end of this year, and around 40k to 50k by spring, and then around 100k by summer. If that is the path we are going to take then I believe we could actually do that.

This is going to be tough because of two reasons, first of all, we do not know when it will happen and secondly when it will stop. If you invest and wait for it to peak, then there is a chance you could hold until it peaks and then starts going down, so you should be careful about that as well.

cryptomaniac_xxx
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November 03, 2022, 08:12:34 PM
 #76

For bitcoin lovers, it may be partly scary to see the price drop and partly waiting for it. Looking at skyrocketing transaction volumes, technological advances, market adoption versus bad things like negative media views, market manipulation, overall volatility of the crypto market, it looks like there is a possibility that BTC may be lower now and possibly to $14,0000.

What do you mean?

Isn't it scary to see the price goes down to $69k to $20k already? So even if it went down to $14k, I think we have hold our emotions not to get affected by this negative news, afterall we should understand that we are in the bear market. And on the contrary, should take advantage of the price and buy and invest because it is very cheap. For sure this is just part of the natural process of bitcoin market, sooner or later we will have a good bounce back again, all time high could be in the 6 digits, in my opinion.

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November 03, 2022, 08:59:17 PM
 #77

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.
I would not say that the bottom price has already been reached because the fact that the market remains bearish, there are always chances for bitcoin to experience more price drops in the days or months to come. And I believe it’s even a great opportunity to start investing in bitcoin when it’s price is more bearish so you can maximize your purchase not only with bitcoin but also with established altcoins.

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November 03, 2022, 10:01:12 PM
 #78

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.
I would not say that the bottom price has already been reached because the fact that the market remains bearish, there are always chances for bitcoin to experience more price drops in the days or months to come. And I believe it’s even a great opportunity to start investing in bitcoin when it’s price is more bearish so you can maximize your purchase not only with bitcoin but also with established altcoins.

I do not know anyone who can say that this level is the bottom level for Bitcoin. I don't believe there are people who know people who can say that. The main thing is that everyone has a bottom level according to their own budget. Everyone will buy Bitcoin at some point and wait for the rise after that level. I think this is what it should be.

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wxa7115
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November 06, 2022, 04:15:59 AM
 #79

For bitcoin lovers, it may be partly scary to see the price drop and partly waiting for it. Looking at skyrocketing transaction volumes, technological advances, market adoption versus bad things like negative media views, market manipulation, overall volatility of the crypto market, it looks like there is a possibility that BTC may be lower now and possibly to $14,0000.

However, bear markets are a natural part of the cryptocurrency cycle. BTC could remain bearish for some time. Or maybe rebound in a short time.
Does the market look scary to you? Not guess... As long as we are able to understand the volatility of the market, therefore, we are also aware that dumps and pumps will come. That is why instead of thinking negatively, we use to keep our mind stay calm as this will just pass by. I have no clue what will be the bottom price of Bitcoin nor do I think it badly. But what I see is the opportunity of the market when the drops come. Those who know how to hold will even receive rewards later.
We know that people in general fear the unknown, if the price remains close to the current levels then I think most of those which still have doubts about being invested in bitcoin can still hold their coins without too much of a problem.

But if the price begins to go down again and it reaches a new bottom those people will have a lot of problems holding their coins, not only because of the new and lower price but because at that point it would be impossible to tell how low the price can go, and during such scenario it would not be weird for them to sell their coins for a loss as they are in complete panic about the future price of bitcoin.
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November 06, 2022, 06:40:23 AM
 #80

Looks like majority voted over 15000 for this poll but I don't think so. People always underestimate how bears can work in crypto markets and how strong they can get. In Current psychology, market players see Bitcoin price somewhere between 15k-25k. Although it can be easily changed if there was huge dump, triggering under 15k orders. This is unlikely to happen now - but we can't say it will never happen.
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