Poker Player
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November 25, 2022, 03:33:54 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.
If you get it right you won't have much merit, the merit would have been if you had predicted that in January of this year. Or last year when the price hit $69k. To me, whether we go a little lower now or not is not that relevant. It could happen, especially if we have another exchange going bust or something. I don't care so much if we've hit low already or can go lower as much as I do seeing overall how this cycle, which is the worst in terms of percentage returns since Bitcoin was created, will end.
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GreatArkansas
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November 25, 2022, 04:31:18 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.
(....) I don't care so much if we've hit low already or can go lower as much as I do seeing overall how this cycle, which is the worst in terms of percentage returns since Bitcoin was created, will end. $13,000 is already possible on what we experienced recently. Since Bitcoin started to drop the $15, xxx level. I am already expecting Bitcoin to be $13,000 or much worst is $10,000. Right now, for me, the lowest is $10,000. That will be my deepest. But just incase it will happen, I believe it will just a wick candle, just like what happened on March 2020.
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onecall123
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November 25, 2022, 05:05:39 AM |
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Hi guys in my opinion that btc is in Bear market right now and we do not know that how much time it will be in Bear market and for sure it is In bear market. Btc is currently running in 16000 dollars range and it might crash if some bad news might happen. So I was saying that it might crash to my prediction cause market is uncertain but indications are these. So what are your speculations and I will be more curious to know about this.
Prices won't rise anytime soon, in my opinion. As for Bitcoin, I don't know where the bottom is either. I find it mind-boggling how people are now selling after watching the price fall all this way. We are now preparing to fill bags for the trip back up. There's nothing to worry about. Neither this is our first nor our second bear market. Depending on the direction it goes, I think it will go up or down to 14800 or 17600.
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Pierre 2
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November 26, 2022, 08:22:05 AM |
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Hi guys in my opinion that btc is in Bear market right now
BTC is in bear market for 370 days. 580 days if we skip fake new ATH in Now 2021. Fear greed index show extreme fear for last whole year if we skip few days of fear and neutral. 1 year of extreme fear man. Every investor emotions are ragged. Its good time to look for the bottom rather than call "in my opinion that btc is in Bear market". You should call it 300 days ago and predict 15k bottom, when price was at 45k. Not predict 13.5k bottom at a price of 16k when ATH was at 69k. No one should care about this 2.5k$ 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. I agree with these arguments. FTX is like just another Mt. Gox happening in 2022! Its very sad for crypto markets, that kind of large exchanges getting bankrupt situations are happening. I think we better stop saying Bitcoin will go even worse than this but accept that we are literally in rock bottom now. Its better to start buying it in low amounts.
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Chato1977
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November 26, 2022, 08:32:44 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 only a month left before the 2022 ends , so with December month you still expect that we will be seeing lowered than what we have recently? I mean we have seen the lowest of 15,5k but are we looking for 2k more low from that? I'm afraid that it will happen but if does at least we must be ready .
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Nrcewker
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November 26, 2022, 11:43:19 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 only a month left before the 2022 ends , so with December month you still expect that we will be seeing lowered than what we have recently? I mean we have seen the lowest of 15,5k but are we looking for 2k more low from that? I'm afraid that it will happen but if does at least we must be ready . We should always be ready and i too agree on this fact. But Bitcoins falling down more is currently impossible. I am saying this because, as soon as the price falls down, people will start buying it, therefore it will lead to more demand and hence the price will recover. So yes Bitcoins won’t fall below 15k according to me. Still this is just a speculation. There are equal chances that Bitcoins might rise or fall.
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boltz
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November 26, 2022, 03:19:57 PM |
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I personally think Bitcoin will keep dropping in price slow and steady in the next months with a few spikes here and there but nothing spectacular. I stand prompt to my predictions that Bitcoin should drop under 15k this winter and maybe even more in 2023 as there are no signs of bull market and the halv is still far away until it occurs. Regarding OP question ...well , 13.5k could happening by December but 14.5k seems more reasonable. What Bitcoin needs in order to pump ? well , first of all , it needs that 20k range back before 2022 ends and I cannot see it happening...but if we go over 20k in mid 2023 , then we are set-in for a big pump in end of 2023 end a full 2024. Again ...this are just my predictions based on my own research and on my own thoughts and experience.
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ethereumhunter
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November 26, 2022, 06:20:41 PM |
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I thought the bitcoin price could drop back down and be around the $15k level but I do not know, I'm not sure about that and hopefully, it doesn't happen again. And if that really happens, I'm ready to buy again at that price and keep it for a while until the price can increase again. We should not panic if the price keeps dropping to a low price because we also can't prevent it from declining. We can only try to survive and even though it feels difficult, we must be able to do it. I still have the money to buy more, so we'll see.
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Jody.Drummer
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November 26, 2022, 07:05:00 PM |
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I thought the bitcoin price could drop back down and be around the $15k level but I do not know, I'm not sure about that and hopefully, it doesn't happen again. And if that really happens, I'm ready to buy again at that price and keep it for a while until the price can increase again. We should not panic if the price keeps dropping to a low price because we also can't prevent it from declining. We can only try to survive and even though it feels difficult, we must be able to do it. I still have the money to buy more, so we'll see.
All we can do is hope and hope because indeed we won't know what will happen afterwards, especially with the current condition of bitcoin which is still uncertain. Right now it would be great if things like a decline didn't happen but even if it does have to go back down then there really isn't anything we can do other than increase the load so that we have more bitcoins in our portfolio if we do have extra money.
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lionheart78
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November 26, 2022, 09:08:15 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.
(....) I don't care so much if we've hit low already or can go lower as much as I do seeing overall how this cycle, which is the worst in terms of percentage returns since Bitcoin was created, will end. $13,000 is already possible on what we experienced recently. Since Bitcoin started to drop the $15, xxx level. I am already expecting Bitcoin to be $13,000 or much worst is $10,000. Right now, for me, the lowest is $10,000. That will be my deepest. But just incase it will happen, I believe it will just a wick candle, just like what happened on March 2020. There is also some speculator that predicted Bitcoin to go below $10k and as low as $6k in this bear market. According to one of the article[1] in Cointelegraph, there is a possibility that Bitcoin will crash below $10k and bottom near $6k. I find this speculation absurd because there is no sign that BTC will crash beyond $15k. According to Decentrader’s Filbfilb, the cause of the dip is Bitcoin capitulation. With that he said, Filbfilb stated: “In my worst case scenario, I think that would be probably where we end up, like oldschool, rock-hard support,” he said about a bidding zone around $6,500. He also states that the effect of FTX has more repercussions that could possibly remove the buy support which can lead to Bitcoin Capitulation. Although highly unlikely, this kind of event is very possible because as we know Bitcoin market is crazy, and anything can happen.
[1] https://cointelegraph.com/news/bitcoin-new-worst-case-scenario-puts-btc-bear-market-bottom-near-6k
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STT
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November 26, 2022, 09:30:39 PM |
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I just saw a prediction which I'm inclined to agree with for the markets in general which is strength or cessation to selling to see out 2022, a relief rally if you like; however, in 2023 thats when you need to be on guard again. A second attempt can be more surprising then the first sell and throw people off, it can be that the price moves with larger amplitude for larger appearance in negative price but with less volume because of an imbalance between buyers and sellers. If that occurs at the tail end it will finally become bullish imo
Very often all these holidays at the tail end of the year, despite it not being a universal thing around the world. Not every country is the same religion culture etc. obviously massive variance should be there but all the same because of these holidays being lumped together in some markets it causes a kind of Christmas peace to the ongoing trench warfare in the battle for markets between sellers and buyers, but dont assume its the end of the negatives even if we do see that.
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jossiel
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November 26, 2022, 09:41:04 PM |
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I personally think Bitcoin will keep dropping in price slow and steady in the next months with a few spikes here and there but nothing spectacular.
That's most likely that can happen. AFAIK, during this season when bitcoin is sluggish and not that much action happening, eventually the price won't soar but instead will do the opposite which is going to be dumped. Are we back at the capitulation period? This is going to be another roller coaster ride and we don't know how low it could go before this year ends.
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OgNasty
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November 26, 2022, 10:16:12 PM |
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I would have thought that we’d see $13K by the end of the year had the recent market strength not been on display. With all the bad things that have happened and the price still managing to hold up I now don’t believe we’ll drop below $15K before the end of the year. The negative catalysts with the potential to move the market another leg down are still several months away. I think the bottom for 2022 is already in and the rest of the year will more likely see a small rise in the market as people start eyeballing the next halving.
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philipma1957
Legendary
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'The right to privacy matters'
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November 26, 2022, 10:27:40 PM |
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I would have thought that we’d see $13K by the end of the year had the recent market strength not been on display. With all the bad things that have happened and the price still managing to hold up I now don’t believe we’ll drop below $15K before the end of the year. The negative catalysts with the potential to move the market another leg down are still several months away. I think the bottom for 2022 is already in and the rest of the year will more likely see a small rise in the market as people start eyeballing the next halving.
Well the best indicators have been both LTC and DOGE are doing well. Since they are one of the few remaining POW coins around. BTC is limping along and struggling to keep pace with them, but is hanging in there. Since OCT 2020 LTC/DOGE mining has been bull still is bull. IF they dump and shit the bed I think things will suck for a long time maybe till the 2024 elections. Our wonderful Empire State of New York has in acted a 2 year ban on mining with carbon based fuel. This could be a new contagion to deal with. I fear these bans could grow across the USA. time will tell. but remember when China kicked the miners out in spring of 2021 prices tanked bigly for months.
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Oceat
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November 26, 2022, 11:27:36 PM |
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Time will tell but most likely if there's another bad news then we should expect already that it would go down hard this time. Hitting $13k or something is just a normal price if you are a long term investors but not for short term investors because it's a pain everyday seeing a price that would take some time to grow.
But thankfully, the price that I expect to be staying at low when it hits $15k didn't stay that long and now it has come back to $16k but the question remain is for how long?
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3996
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ethereumhunter
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November 27, 2022, 02:43:15 AM |
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I thought the bitcoin price could drop back down and be around the $15k level but I do not know, I'm not sure about that and hopefully, it doesn't happen again. And if that really happens, I'm ready to buy again at that price and keep it for a while until the price can increase again. We should not panic if the price keeps dropping to a low price because we also can't prevent it from declining. We can only try to survive and even though it feels difficult, we must be able to do it. I still have the money to buy more, so we'll see.
All we can do is hope and hope because indeed we won't know what will happen afterwards, especially with the current condition of bitcoin which is still uncertain. Right now it would be great if things like a decline didn't happen but even if it does have to go back down then there really isn't anything we can do other than increase the load so that we have more bitcoins in our portfolio if we do have extra money. Hopefully, we can survive all the bad conditions in the market, even if we mean that the price of bitcoin will decrease even more. But fortunately, the bitcoin price is currently at $16k and there are signs of increasing even higher. But we also have to be vigilant with the possibility that the price of bitcoin will decline again. Meanwhile, no one knows where the market is going, and we can all just guess. Time will tell but most likely if there's another bad news then we should expect already that it would go down hard this time. Hitting $13k or something is just a normal price if you are a long term investors but not for short term investors because it's a pain everyday seeing a price that would take some time to grow.
But thankfully, the price that I expect to be staying at low when it hits $15k didn't stay that long and now it has come back to $16k but the question remain is for how long?
No one knows for how long because we have seen the market can move wherever it wants and if we can follow it, maybe we can take advantage of the market movement to our advantage. I don't know if the price will drop to $13k or if $15k was yesterday's low. But we don't know what the lowest price of bitcoin will be.
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Pejoh Asu
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November 27, 2022, 03:03:00 AM |
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Time will tell but most likely if there's another bad news then we should expect already that it would go down hard this time. Hitting $13k or something is just a normal price if you are a long term investors but not for short term investors because it's a pain everyday seeing a price that would take some time to grow.
But thankfully, the price that I expect to be staying at low when it hits $15k didn't stay that long and now it has come back to $16k but the question remain is for how long?
If we focus on the long term then don't care about the current price conditions, continue to buy and don't believe in FUDS will make us get a big profit someday, most people will wait and hope the price can continue to fall, but what happens is the market goes up and us Loss of moments to buy at a low price.
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DanWalker
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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 only a month left before the 2022 ends , so with December month you still expect that we will be seeing lowered than what we have recently? I mean we have seen the lowest of 15,5k but are we looking for 2k more low from that? I'm afraid that it will happen but if does at least we must be ready . We should always be ready and i too agree on this fact. But Bitcoins falling down more is currently impossible. I am saying this because, as soon as the price falls down, people will start buying it, therefore it will lead to more demand and hence the price will recover. So yes Bitcoins won’t fall below 15k according to me. Still this is just a speculation. There are equal chances that Bitcoins might rise or fall. Why can't bitcoin fall deeper? people said the same thing a few months ago when bitcoin hit $17.6k and bounced, then bitcoin continued to hold above $19k for months leading everyone to believe that we had bottomed out this bearish season until the FTX crash caused bitcoin to plummet below $16k. The FTX drama isn't over yet and it's still spreading in the market, we still don't know which names will crash next so don't jump to conclusions that we're at the bottom of bear season.
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edward500
Jr. Member
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November 27, 2022, 04:00:48 AM |
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What do you think of the Mt Gox dump? I know this has been talked about but I also know a lot of people are requesting cash instead of bitcoins.
Will the Mt Gox coin selling pressure be enough to push this down?
I think there are probably some people staying away because of this huge amount of coins that are going to hit the market and many have to be sold because there is a good portion of people who requested cash.
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Silberman
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November 27, 2022, 04:16:11 AM |
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Time will tell but most likely if there's another bad news then we should expect already that it would go down hard this time. Hitting $13k or something is just a normal price if you are a long term investors but not for short term investors because it's a pain everyday seeing a price that would take some time to grow.
But thankfully, the price that I expect to be staying at low when it hits $15k didn't stay that long and now it has come back to $16k but the question remain is for how long?
It is possible we are going to remain close to the current price for a long time, supposing we do not get some additional bad news which could make the market take another plunge downwards then the price will most likely not move upwards either, because even if the FUD slowly subsided it is not as if there are too many reasons to be bullish right now, still this should not be too much of a problem and if anything it should be seen as an opportunity since we will be able to buy bitcoin for sub 20k prices at least for a few months.
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