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Author Topic: What Will Be bottom Of BTC in 2022 Year ( Current Price= $16000 )  (Read 616 times)
cryptomaniac_xxx
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November 26, 2022, 09:41:19 PM
 #41

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

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November 26, 2022, 10:10:22 PM
 #42

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

Do you really think that if someone predicts this in a thread it makes this a reasonable price? Now I know why people buy high and sell low.

Quote
When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.
So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

If you're willing to set your goals as low as 10k, you might put it lower like 9k or 8k. Why not 6k? that's still above the 2020 lows.
You remind me of those people who were waiting for 1k in the 2018 bear market.

The normal bear market macro bottom for bitcoin should've been around 22k. Without Luna and FTX scams we wouldn't be where we are today and these weren't events that you could predict by looking at the charts, so at this point no level is too low. If enough scams implode we could be at 6k next year, or 3k again. I don't see bitcoin ever going below 3k in the darkest scenario, but anything above that is possible if centralized businesses start falling.

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November 26, 2022, 10:22:39 PM
 #43

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.
At this point anything can happen, so what we need to do is question ourselves and think at what level we will begin to accumulate more bitcoin? To me this is a process which has already begun but maybe there are people waiting for 13k to happen, but even if we were to see that price I have my doubts those that are waiting for those levels will decide to act even then, as it is likely they will just move their buying price to an even lower level if that were to happen.
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November 26, 2022, 10:52:21 PM
 #44

It's always been difficult to see it rise when it's keep on going down. FTX is already done but it is the crowd that keeps on following what will happen to them.

It's like a never ending story because the founders haven't yet put into jail.

Don't forget about Luna, it's also one of the reason why the market has gone down or simply, we're in a natural bear market and things has to happen.
It seems that since the prolonged Covid cases, plus Russia's intervention, purchasing power has continued to decrease and everyone has to prioritize.
This impact is at least experienced by crypto, not to mention the cases of Luna and FTX, which makes many refrain from making investments waiting for the situation to recover.

I don't think there will be any significant change for the bitcoin price and it will remain stable and quite stable at its current price range ($15K-$25K) until the end of the year.
instead it will start to continue to fall in 2023 where it is estimated that this is the year of the world economic crisis.
it remains only to hope with the upcoming halving phase. where there will be repetitions with improvements that will certainly occur after the halving phase.
always remain optimistic even though it still takes a long way to reach this period of improvement.
But despite all of that, I honestly think that the crypto market is still in good situation considering all of these events happened at the same time.

If we'll go back in time and this has happened, I guess that we'll see the lowest price that bitcoin can do. But no more going back to the past and we have to deal with it currently.

Having an optimistic mind will also prolong you on this market just like me and the others that have been considered staying quite long.
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November 26, 2022, 11:20:50 PM
 #45

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
Your prediction that bitcoin will crash to $2k won't come true. Under $12k is the lowest price that bitcoin can reach this year if it is possible.

In general, 2022 is not a volatile year for cryptocurrency. I predict that the crypto market will be severely affected by this type of bearish market. Buy as much as you can right now and hodl onto it. Don't wait for the price of bitcoin to drop below $16k(present price now) before you think about investing.




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November 28, 2022, 03:28:05 AM
 #46

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year.  

the recorded monthly record such ( 30d Low / 30d High   
$15,599.05 /$21,446.89) shows how bad the condition of the market now and any time this may drop another low, so expecting this to be the lowest 16k? actually that is 15k to be precise .

there are some parameters that may show about possible growth but better to expect opposite action so we will never felt betrayed once the value sideways


and again today the price seems to be lowering to 15k again as we can check the chart for the losses this day alone.

https://coinmarketcap.com/currencies/bitcoin/


better be ready guys and keep your fund on hold.

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November 28, 2022, 03:54:33 AM
 #47

the recorded monthly record such ( 30d Low / 30d High   
$15,599.05 /$21,446.89) shows how bad the condition of the market now and any time this may drop another low, so expecting this to be the lowest 16k? actually that is 15k to be precise .

there are some parameters that may show about possible growth but better to expect opposite action so we will never felt betrayed once the value sideways

and again today the price seems to be lowering to 15k again as we can check the chart for the losses this day alone.

https://coinmarketcap.com/currencies/bitcoin/

better be ready guys and keep your fund on hold.

I have just realized that. We are again very close to the lows, and I think that as the situation stands it is more likely that we will pierce it than go up. I just don't see anything significant that is going to push us up, and instead, bad news can pull the price down.

Regarding the exact price, I think that if we go down we will reach the 12 or 13k area.

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November 28, 2022, 05:35:01 AM
 #48

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.

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November 28, 2022, 11:05:00 PM
 #49

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.
The market is subject to risk out of the speculation. An influencer making a speculation will have its impact over the market. This is common, FTX is an incident that have happened now. To me, even if the FTX failure haven't happened we could've dropped down. Because, on the four year cycle right now it is supposed to be on the bearish move and the same have happened through some means.

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November 29, 2022, 02:21:51 AM
 #50

Hi guys today I saw btc has gone down almost 3 to 4% and and now it is moving at Avergae of 16000 dollars and that is alarming cause if it goes down below 1550 dollars than it might crash for almost 2000 dollars more and that's my guess and I think that it might crash further too.
The market is unpredictable but I feel the bottom won't go down below $15500. I feel the year 2022 is a year for serious bearish market.  One thing I know is that even if the market still go dip their is something good coming up I'm the next bull market.
Quote
And also 2022 is going to slow down and so what are you thinking about what will be the lowest price of Bitcoin in 2022 Fiscal Year. 
No one can predict what the lowest price of bitcoin will be in 2022. I think $15000 will be the lowest from my own opinion though.

Just seen two threads already predicting $13k, so that is reasonable price for a lowest low not just for this year, but throughout this bear market.

When we think that $17,500 is already the bottom for this year, then we are suddenly struck by FTX collapse and look at where the price is right now way below that lowest low that everyone think.

So why not just think or see the worst till next year, $13k or even $10k. The bearish sentiment will still go and continue till 2023 so just be ready for anything and not to think that it will be the end of bitcoin.

When we think we've bottomed and can't fall anymore bitcoin does the opposite. This is not the first time I see bitcoin always going against the crowd, like someone is purposely polling us and they will be behind the scenes to manipulate us. After the crash of FTX, bitcoin still couldn't decline below $15k and people started claiming that bitcoin wouldn't decline anymore. I'm starting to think again and I also believe this bear season we could see 12k-10k.
The market is subject to risk out of the speculation. An influencer making a speculation will have its impact over the market. This is common, FTX is an incident that have happened now. To me, even if the FTX failure haven't happened we could've dropped down. Because, on the four year cycle right now it is supposed to be on the bearish move and the same have happened through some means.

I agree with this point of view, if the FTX and Luna crashes don't occur, I also believe we will have other names that will cause the problem. There will always be something pushing the market down and that's almost the culture of the market, every time bear season comes there will always be a crash. 2014 was Mt.gox, 2017 was bitcoinnect and the death of the ICO trend, and this year we see the fall of FTX and a bunch of big funds. It seems like every day the explosions are getting bigger and bigger to cause more fear in the market.

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November 29, 2022, 02:31:09 AM
 #51


There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.


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November 29, 2022, 06:03:33 AM
 #52


There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.


The latest news of Binance will provide funds of around $ 1 or $ 2 billion to restore the market, I hope this will soon be realized so as to make investors optimistic with cryptocurrencies. And of course we are waiting for strict regulations to make the FTX case the last.



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BALIK
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November 29, 2022, 06:19:23 AM
 #53


There was still news about Crypto lending companies going bankrupt so we might just see another blow to this market before we can finally see the bottom. Genesis hardly gets funding support. Once they file bankruptcy that will bring the price down.

The only hope that is pulling up is Binance recovery funds increasing through help from the industry.


The latest news of Binance will provide funds of around $ 1 or $ 2 billion to restore the market, I hope this will soon be realized so as to make investors optimistic with cryptocurrencies. And of course we are waiting for strict regulations to make the FTX case the last.

Not only binance but other exchanges are doing the same thing as finance, this money is intended to support potential projects that are struggling or on the verge of bankruptcy due to the impact of the collapse of FTX or Luna. This means it cannot prevent the demise of FTX or Genesis, Genesis is becoming another major concern. If Genesis cannot raise capital to avoid bankruptcy, DCG will most likely sell its crypto assets to save Genesis. DCG is one of the biggest crypto asset holders on the market, if they were forced to sell crypto assets to save Genesis it would be the next worst fall we've ever seen.

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November 29, 2022, 06:22:14 AM
 #54

staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.

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November 29, 2022, 08:04:03 PM
 #55

staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
It seems that at least for now we have reached the bottom, but we cannot let our guard down, the effects of the bankruptcy of the FTX exchange are still not over, so it would not surprise me that in the next months other exchanges went down because of it, and if that is the case then there is a high possibility the price will go down again, so it is important to be careful as we do not know when this could happen and you were caught with your coins at an exchange which suddenly disappeared.
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November 29, 2022, 10:30:26 PM
 #56

staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
Im not that expecting much that we would see 20k before this year ends but if it does then it would really be that good in the view if that do really happens but im not expecting much.
The important thing here is that the price do able to withstand or able to hold on 16k price point which i cant really tell that it is considered to be the bottom price but it is likely to be it.
If we would be sitting or moving out sideways on this price point then its not really that bad to make out some buy position as of this period.
Lets just put up into our minds that we cant just have a falling or bear market forever which means that recovery and bull run do always lies ahead.

R


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November 29, 2022, 10:42:20 PM
 #57

The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.

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November 30, 2022, 04:42:26 AM
 #58

The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.

I am optimistic that we might see market recovery in coming days because the main factor that caused huge increase in inflation is now trading below $80 which will certainly reduce CPI in coming months. We should continue holding our Bitcoin with patience and add more if funds are available. Technical charts are also showing that Bitcoin is trading above its pivot point ($16,357) and next resistance is at $16,661 on day chart.









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November 30, 2022, 06:53:40 AM
 #59

Well in this 'bear market' I could see crypto continue to slide but not drastically. For example, I do not see BTC going below 15k. The sluggish global economy is taking a hit on BTC in the short term but I predict it will bounce back much faster than most asset classes.
Right now I suspect the war and pandemic have slowed growth down but as inflation rises in 2023, I foresee people looking to BTC as a safe haven and prices will rise.  

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November 30, 2022, 10:16:58 AM
 #60

The difficult thing now is because the price looks difficult to rise, even 2 days ago the price drops below $ 16k, fortunately the price can return to $ 16k again, hopefully FTX will be finished soon and there are no big cases that make the market drop, if it doesn't happen FTX I'm sure at this time the price is more than $ 25K.
Do you know that their is nothing we are experiencing in cryptocurrency now we have not experienced before, the price of Bitcoin stand to flow up and down, and it's very clear that Bitcoin price can rise today and fa back tomorrow, let us have its in mind that's the nature of Bitcoin.

I am optimistic that we might see market recovery in coming days because the main factor that caused huge increase in inflation is now trading below $80 which will certainly reduce CPI in coming months. We should continue holding our Bitcoin with patience and add more if funds are available. Technical charts are also showing that Bitcoin is trading above its pivot point ($16,357) and next resistance is at $16,661 on day chart.

The interest rate situation seems to have started to improve as inflation somewhat eased, the Fed also said that it will not continue to raise interest rates with high intensity but will instead lower rates gradually. That's a good sign, but inflation has only decreased but is not back to normal, so lowering interest rates will not have too much impact on the market. And the recent rate hike I don't see much impact on the market, I mean they can't cause bitcoin to drop much more. What could cause bitcoin to drop even further are just catastrophic crashes like FTX. Drama FTX has ended or not, still a question. So still be careful not to be too subjective, bitcoin can still fall further.

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