fennic (OP)
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November 21, 2022, 11:36:46 AM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
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Tytanowy Janusz
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November 21, 2022, 12:59:09 PM Last edit: November 21, 2022, 01:26:50 PM by Tytanowy Janusz |
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Hi guys in my opinion that btc is in Bear market right now
BTC is in bear market for 370 days. 580 days if we skip fake new ATH in Now 2021. Fear greed index show extreme fear for last whole year if we skip few days of fear and neutral. 1 year of extreme fear man. Every investor emotions are ragged. Its good time to look for the bottom rather than call "in my opinion that btc is in Bear market". You should call it 300 days ago and predict 15k bottom, when price was at 45k. Not predict 13.5k bottom at a price of 16k when ATH was at 69k. No one should care about this 2.5k$ delta when we already dumped 53k$. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen.
FTX, second largest exchange, just go bust. Leaving all investors, milions of people, without penny. What can be worse than that? Not many things. After this news BTC dumped only 20% because its extreamly oversold. 13500 is possible but its much better to look for longs here for potential 2-10x rather than hope for black swan event to profit 10-20% from shorts.
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Nrcewker
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November 21, 2022, 01:42:04 PM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
Your predictions might come true, might not. But the fact is that if also BTC falls to 12k usd, we shouldn’t lose hope from it. Bitcoins are very valuable and have already proved that previously. So yes if we don’t care about it and just panic sell, then definitely we will make a big mistake and this will definitely hamper your profits that you might have made, if you would have hold it for a little longer. Bitcoins marketcap is enough to prove that, what’s Bitcoins are capable of. So yes if also BTC falls down in price, don’t sell it. Just hold and enjoy profits later.
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🎁 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . 375% | 200 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | 🛞 | ☆ | | ☆ | 🛞 | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . | ▀▀▀▀▀▀▀▀▀▀▀▀ .U P T O . ▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .300€ + 50 . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ .F R E E S P I N S . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | 🎁 | |
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posi
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November 21, 2022, 02:03:33 PM |
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So what are your speculations and I will be more curious to know about this.
Admittedly unpredictable, I thought bitcoin would not be able to drop below 17k but in the end the FTX crash broke all my speculations. We cannot predict what other bad news we will see next that could cause bitcoin to drop even more. No one knows if we've hit bottom or not, but I know for sure that bitcoin will rise again in the near future. If you are trying to find a bottom to start buying then I think you should stop thinking that, buy now and always use DCA during bear season to accumulate as many bitcoins as possible.
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bitzizzix
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November 21, 2022, 02:04:28 PM |
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There's no telling how much bitcoin will be worth by the end of 2022 which is only about six weeks away, and the best you can do is buy and hold until you hit a sell price. and there is a possibility that the price you mentioned proves or could even be lower and may also not reach that price, and for me this is my opportunity to grow my bitcoins and buy them gradually during the downturn. and I also don't mind the decline factor that has occurred, because the decline that has occurred in bitcoin has occurred many times with various factors which in the end the price of bitcoin has returned to rise and even exceeded its highest price.
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crunck
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November 21, 2022, 02:31:28 PM |
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Bitcoin price prediction is impossible, it just wastes our time, if you really believe in bitcoin, believe it will rise again in the future then don't worry too much about where the bottom will be. We just need to know bitcoin goes down but will rise again, so how many bitcoins we own is more important than when bitcoin goes down or when it goes up.
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fzkto
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November 21, 2022, 02:39:58 PM |
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There's no telling how much bitcoin will be worth by the end of 2022 which is only about six weeks away, and the best you can do is buy and hold until you hit a sell price. and there is a possibility that the price you mentioned proves or could even be lower and may also not reach that price, and for me this is my opportunity to grow my bitcoins and buy them gradually during the downturn. and I also don't mind the decline factor that has occurred, because the decline that has occurred in bitcoin has occurred many times with various factors which in the end the price of bitcoin has returned to rise and even exceeded its highest price.
Yes, the best strategy is to buy partly. Especially if there is spare cash every month, you can make good profits in the future with such purchases. As for 13500, we are now close to that mark. I think that if such a price happens, we should make the most of this opportunity.
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FanEagle
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November 21, 2022, 06:49:05 PM |
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I do not believe this. I know that people have been saying that it will go down more and more, and so far I have said that it won't and each time it did, so I always looked wrong and they always looked right, so I accept defeat there. But this time, I am drawing a red line and saying that anything under 15k is looking impossible unless some major thing happens.
This new under 16k is also a brand new shocking thing all because of FTX as well, we were doing fine above 20k and looking like maybe even recovering, and then suddenly the FTX thing happened, which is why I doubt anything similar at that size would happen again to make it go under 15k at this point.
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Ebede
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November 21, 2022, 10:20:55 PM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
Don't have such fears with you because Bitcoin can fall to reach 10000 and within another here it will increase 2 above the following point 4 Bitcoin in Clermont I'm bitten falling is not something someone will decide or say that it has crashed and it is going to be there end of Bitcoin so I think it is a reasoning of someone who does not know bitcoin fully
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bestcoins1
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November 21, 2022, 11:02:49 PM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
Seeing that Bitcoin is still experiencing a decline in price to date, which has even been below the price of $ 16K, it feels very lazy to speculate because I personally am not very enthusiastic when I see Bitcoin is still being corrected in the market. Because I'm just waiting for an increase in Bitcoin and an improvement in market conditions before the new year arrives. And for the closing level of the Bitcoin price in this year, I think it will still be under $ 20K.
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Captain Corporate
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November 21, 2022, 11:07:01 PM |
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oh come on, not that it would be impossible but that is WAAAAY too low, we are already at a horrible level with like near 15k levels, reached under 17k already and I feel like this is the bottom bottom, and not like bottom for this run or anything, I believe this is the bottom ever again in history. Consider it like it could be this low never again, and if you buy here then you should profit a ton later on. Of course this is just a thought, and I believe we shouldn't really be focusing on anything else at all, anything lower from here on out would be just way too low and I wouldn't have it, I won't believe it, and I think it won't happen.
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romero121
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November 21, 2022, 11:35:49 PM |
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Bitcoin and ethereum are mutual players in the market. We can experience price increase with ethereum when there is rise with bitcoin. Same is with the downturn of the market. Now ethereum is predicted to test $900 range which means the price of bitcoin is supposed to experience a downfall for such an incident to take place. On that note we've got more chances of bitcoin hitting the price around $13k in the upcoming days.
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STT
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November 22, 2022, 12:16:10 AM Last edit: November 22, 2022, 12:30:04 AM by STT |
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oh come on, not that it would be impossible but that is WAAAAY too low, we are already at a horrible level with like near 15k levels,
Point is not all prices are equally weighted in their likelihood, there is a large gap between 20k and the peak prices we had prior to reaching that plateau. We rose very quickly if you remember right through the range at the end of 2020, because of that it becomes more likely we will retrace fast back down again also. If all prices were equally probable it wouldn't be the case we had such a thing as support and resistance and other dynamics. We can reach back to the lower teen prices but the wider question is for what period of time, it could be minutes or months that it occurs. I do think these prices are far better value then chasing the highest prices seen this year, ironically interest is less when the dollar gives more Bitcoin in exchange; human nature is quite ironic.
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Fundamentals Of
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November 22, 2022, 02:08:46 AM |
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The $16,000 is already gone. We are now in the $15,000 range. To think that all the effects of FTX is not yet fully absorbed by the market, it is indeed possible that $13,500 will happen within the year. I am considering the possible bankruptcy of other crypto companies because of what happened to FTX. They're not yet factored in. So the price of Bitcoin might still have a bigger room to fall. I just hope that the failure of centralized platforms is not interpreted as a failure of Bitcoin. Because it isn't.
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Sebas.tian
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November 22, 2022, 03:28:51 AM |
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I don't think, the price of Bitcoin will decrease more than $15,000 before the price will return back to $40,000 before the end of November for those that bought when the price is low to use the opportunity to make a huge amount of money from their investment. I think, it will be difficult for the Bitcoin price to reach $13,500 in this bearish season, because there are some green light the price of Bitcoin is demonstrating in the market, showed that the bottom price is $15,000 before bullish will take over the crypto market for both long term investors and short term investors to embrace the opportunity.
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btc78
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November 22, 2022, 04:14:30 AM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
We already has bad news recently , our market fails when the FTX/Binance happens so what we have now is the continues effect of that , but like now? we have dropped from 16k and now 15k is the maintaining value and you may correct that there would be another dumping in the coming days but hopefully not this December as we are expecting something really high with this.
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adaseb
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November 22, 2022, 04:51:27 AM |
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Well the contagion is still spreading. The silver gate bank keeps hitting new lows. This is the top bank for crypto pretty much. Doesn’t make sense why it’s tanking so much.
Then there is the Genesis and GBTC mess. Basically discount off GBTC went down a little into the close, but what does that mean. Genesis is still looking for a loan. They asked Binance and they said no.
If Genesis goes under then everyone from Gemini earn is screwed. And maybe other platforms.
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bitterguy28
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November 22, 2022, 05:13:11 AM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
there is another drop last night and made price down to lowest of this year since the Bull market in 2021 in which 15,000 level so there might be more of these to happen. 13,500? well it may or not who really knows ? but i was expecting at least recovery before the year ends, I hate seeing the market dropping till December.
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LogitechMouse
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November 22, 2022, 12:29:58 PM |
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So what are your speculations and I will be more curious to know about this.
Bitcoin dropped to below $16,000 and the last time it is on that price range was 2 years ago. Crypto fear and greed index is at 22 meaning investors are extremely fearful to invest. Expect the worse next year. $13,500 is possible this year if there will be another FTX drama-like again. There is still a chance that it might reach that price knowing we are in a place where we always see bad news that affects the sentiments of the investors. Right now, the contagion is still in effect, and it will affect more and more companies as days and weeks goes by. Maybe I'll predict that there is a 10-20% chance that it might reach that price this year and if not, it will be next year.
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November 22, 2022, 06:51:57 PM |
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I was saying (in my Slack chat) that we were going to hit $10K when we were touching new highs. However, now I don't think that's a certainty. The market has held up better than I expected (although maybe not something you'd say if you invested in Celsius or FTX). I thought by now the mtgox funds would be getting distributed and the market would be crashing to $10K. Instead, FTX blew up and now Genesis is blowing up, yet we're still at $16K. Maybe mtgox will be the final blow as expected, but I think the FTX situation is stress testing the market before that happens. Could be a good thing if you survive the fallout.
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