lepbagong
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December 12, 2022, 08:17:25 AM |
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I think we have a retest approaching, presuming we dont recover both the 2 day and weekly averages. At present it seems to be drifting towards the rocky shores of prior lows, 15800 roughly and if it doesnt clear that area soon and with some confidence then the situation would develop negatively from there at least near term.
There is market stability over $16500 and now this have got slipped reaching around $16k which is an indication of downward movement. Bases on this, it looks like the bottom of 2022 is yet to happen. Something positive needs to be circulated, if not this is going to reach its bottom over the start of the falling month which could get continued for the year 2023. Whatever happens with the market, don't panic, if the price is dropped then this is a good opportunity to buy, we have tens or hundreds of times meet with cases like this and if we can use the moment to buy then we will get a big profit, don't panic But buy better. there really is no need to panic, although it is likely that prices will continue until 2023 according to predictions by economic observers because together with the prolonged crisis, everyone is trying to be able to do it on a priority scale. but it is true that when the price goes down is the right time if you have more funds to continue spending on potential coins. remember that the time for the bull market is clearly still long and it is wiser to place only potential coins and not recommended for new coins.
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GigaBit
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December 12, 2022, 10:04:28 AM |
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Cryptocurrency will be bearish when the entire world economy is in recession. The cryptocurrency has been in a downward trend since the beginning of this year. We know that the crypto market is constantly influenced by different news. Negative and positive news always exist in the market. But an investor needs to think deeply about Bitcoin's present and future. Regardless of the prediction, you have to strict your position. A few days ago, many people may have been a bit disappointed with the prediction made by Standard Chartered about Bitcoin. They said that the price of Bitcoin is likely to fall further and there is a chance that it will go down or stay at $5000. As a result, those who have some weakness in Bitcoin are very worried and many may even consider selling their accumulated Bitcoin at a loss after hearing this news. But overall I think Bitcoin price is now above $16000 and from next year it will go up again and limit to $24000-$28000.
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bitterguy28
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December 12, 2022, 10:40:14 AM |
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there is only almost 3 weeks left in 2022 and yet the coins did not even go below 15k so basically this seems to be impossible to happen AFAIK. but there are some prediction that we will be even go down to 10k level but it seems not to happen if we will look at the movement of coins today. I think we have a retest approaching, presuming we dont recover both the 2 day and weekly averages. At present it seems to be drifting towards the rocky shores of prior lows, 15800 roughly and if it doesnt clear that area soon and with some confidence then the situation would develop negatively from there at least near term.
There is market stability over $16500 and now this have got slipped reaching around $16k which is an indication of downward movement. Bases on this, it looks like the bottom of 2022 is yet to happen. Something positive needs to be circulated, if not this is going to reach its bottom over the start of the falling month which could get continued for the year 2023. Whatever happens with the market, don't panic, if the price is dropped then this is a good opportunity to buy, we have tens or hundreds of times meet with cases like this and if we can use the moment to buy then we will get a big profit, don't panic But buy better. nice advice as we don't know that for long time now , ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) and this is easy to be said than done , do it your own and let us do ours.
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Crypto Library
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December 12, 2022, 02:46:32 PM |
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Cryptocurrency will be bearish when the entire world economy is in recession. The cryptocurrency has been in a downward trend since the beginning of this year. We know that the crypto market is constantly influenced by different news. Negative and positive news always exist in the market. But an investor needs to think deeply about Bitcoin's present and future. Regardless of the prediction, you have to strict your position. A few days ago, many people may have been a bit disappointed with the prediction made by Standard Chartered about Bitcoin. They said that the price of Bitcoin is likely to fall further and there is a chance that it will go down or stay at $5000. As a result, those who have some weakness in Bitcoin are very worried and many may even consider selling their accumulated Bitcoin at a loss after hearing this news. But overall I think Bitcoin price is now above $16000 and from next year it will go up again and limit to $24000-$28000.
Well said, I also think that another big reason behind this long bearish market is the economic recession caused by the Russia-Ukraine war. Moreover, if we look back to 2018, we can see that the bearish market was more bearish than expected. And now after various incidents, Bitcoin is limited between 16000-17000. However, it is still not possible to tell the market correctly what is going to happen in the future. Cause the market is still in a risky position there is no green signal seen yet. After the FTX crash, it cannot be guaranteed that there will not be another such incident in the future. So I think there may be more downmarket going forward but it will not go down as much as Standard Chartered did. Even then, according to many market analysis, the bear market will continue until 2024, but I think that Bitcoin may reach 30k towards its last or in the mid-2023 and we may going see another BULLRUN in early 2024.
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fzkto
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December 12, 2022, 03:11:58 PM |
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Cryptocurrency will be bearish when the entire world economy is in recession. The cryptocurrency has been in a downward trend since the beginning of this year. We know that the crypto market is constantly influenced by different news. Negative and positive news always exist in the market. But an investor needs to think deeply about Bitcoin's present and future. Regardless of the prediction, you have to strict your position. A few days ago, many people may have been a bit disappointed with the prediction made by Standard Chartered about Bitcoin. They said that the price of Bitcoin is likely to fall further and there is a chance that it will go down or stay at $5000. As a result, those who have some weakness in Bitcoin are very worried and many may even consider selling their accumulated Bitcoin at a loss after hearing this news. But overall I think Bitcoin price is now above $16000 and from next year it will go up again and limit to $24000-$28000.
Well said, I also think that another big reason behind this long bearish market is the economic recession caused by the Russia-Ukraine war. Moreover, if we look back to 2018, we can see that the bearish market was more bearish than expected. And now after various incidents, Bitcoin is limited between 16000-17000. However, it is still not possible to tell the market correctly what is going to happen in the future. Cause the market is still in a risky position there is no green signal seen yet. After the FTX crash, it cannot be guaranteed that there will not be another such incident in the future. So I think there may be more downmarket going forward but it will not go down as much as Standard Chartered did. Even then, according to many market analysis, the bear market will continue until 2024, but I think that Bitcoin may reach 30k towards its last or in the mid-2023 and we may going see another BULLRUN in early 2024. I think the global crisis has been brewing for a long time, since the advent of covid. Think about it, what is the place of Russia and Ukraine in the world economy. It's just convenient to blame it all on this military conflict. I am sure that once the US changes the situation with the printed dollars that led to record inflation, the markets will turn green again. It seems to me that the recession won't last long. But most likely bitcoin will indeed go down to 10-13k.
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|MINER|
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December 12, 2022, 04:47:52 PM |
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Cryptocurrency will be bearish when the entire world economy is in recession. The cryptocurrency has been in a downward trend since the beginning of this year. We know that the crypto market is constantly influenced by different news. Negative and positive news always exist in the market. But an investor needs to think deeply about Bitcoin's present and future. Regardless of the prediction, you have to strict your position. A few days ago, many people may have been a bit disappointed with the prediction made by Standard Chartered about Bitcoin. They said that the price of Bitcoin is likely to fall further and there is a chance that it will go down or stay at $5000. As a result, those who have some weakness in Bitcoin are very worried and many may even consider selling their accumulated Bitcoin at a loss after hearing this news. But overall I think Bitcoin price is now above $16000 and from next year it will go up again and limit to $24000-$28000.
Well said, I also think that another big reason behind this long bearish market is the economic recession caused by the Russia-Ukraine war. Moreover, if we look back to 2018, we can see that the bearish market was more bearish than expected. And now after various incidents, Bitcoin is limited between 16000-17000. However, it is still not possible to tell the market correctly what is going to happen in the future. Cause the market is still in a risky position there is no green signal seen yet. After the FTX crash, it cannot be guaranteed that there will not be another such incident in the future. So I think there may be more downmarket going forward but it will not go down as much as Standard Chartered did. Even then, according to many market analysis, the bear market will continue until 2024, but I think that Bitcoin may reach 30k towards its last or in the mid-2023 and we may going see another BULLRUN in early 2024. I think the global crisis has been brewing for a long time, since the advent of covid. Think about it, what is the place of Russia and Ukraine in the world economy. It's just convenient to blame it all on this military conflict. I am sure that once the US changes the situation with the printed dollars that led to record inflation, the markets will turn green again. It seems to me that the recession won't last long. But most likely bitcoin will indeed go down to 10-13k. It's true that market has a big impact of COVID pandemic but the cryptocurrency market was not that bad even during the Covid pandemic. Market conditions have gradually moved downwards, and the war in Ukraine and Russia has accelerated it. And if we talk about the place of Russia and Ukraine in global economy then we must have to say that they have a big role on it The supply of gass to Europe here Russia make a big impact and in terms of food grains, Ukraine plays a big role in the global economy . So I think their position should not be underestimated.
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STT
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December 12, 2022, 06:46:20 PM |
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The latest look for market heading into the weekend and lighter trading for BTC is that we do maintain a series of higher lows so there is positivity in the price. However we are greatly subdued, even a subtle attempt to put 17,000 confidently below us is quickly diminished so we track sideways silently more or less. The 50 day average is only 18,000 now, its really close to a collision with our current drift. If we continue on like we're skidding sideways on ice, frozen at 17k its less then ideal; try checking Monday or early Tuesday for some resolution. The boundaries at least are quite clear, above are prior lows of Sept Oct 19k or so and more recent 15.5k low (imo the resistance above is more solid of the two).
DXY or dollar index for some months now does have a trend downwards which helps lift alternate especially speculative assets, we can hope to arrest the fall here in BTC so long as that larger trillion dollar inertia does not alter. DXY above 100 continues to be a red flag, dont be too positive.
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tygeade
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December 12, 2022, 08:45:23 PM |
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The latest look for market heading into the weekend and lighter trading for BTC is that we do maintain a series of higher lows so there is positivity in the price. However we are greatly subdued, even a subtle attempt to put 17,000 confidently below us is quickly diminished so we track sideways silently more or less. The 50 day average is only 18,000 now, its really close to a collision with our current drift. If we continue on like we're skidding sideways on ice, frozen at 17k its less then ideal; try checking Monday or early Tuesday for some resolution. The boundaries at least are quite clear, above are prior lows of Sept Oct 19k or so and more recent 15.5k low (imo the resistance above is more solid of the two).
DXY or dollar index for some months now does have a trend downwards which helps lift alternate especially speculative assets, we can hope to arrest the fall here in BTC so long as that larger trillion dollar inertia does not alter. DXY above 100 continues to be a red flag, dont be too positive.
I guess that staying here is neither bad nor good at the same time. We have no idea if it will continue to drop, or if it will start to go up but know that it is not great for all of us. I am pretty sure that we should not be focusing on anything that is close to "predicting" because we will fail, it's not easy, it's as possible as flipping a coin, and you might be 50% right but that doesn't mean you knew it, it just mean you got lucky. Same here as well, you can guess and maybe you will turn out to be right but that doesn't mean you will be right, that just means we were lucky and that's it nothing more really and I hope we would not make a mistake.
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Renampun
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December 14, 2022, 01:09:10 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.
Bitcoin is only 2 months at a price below $20k and it's not a long time, so it's a bear market this time it's quite natural to happen (saturated 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.
mo no more bad news to come - news of the FTX collapse being the worst of the year. my prediction, bitcoin will no longer be worth below $16k. in the last 24 hours, bitcoin has grown 8.9% (currently its price is $17800++). until the end of the year, I am optimistic that bitcoin will return to the $ 20k mark - the saturated market will end soon.
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OgNasty
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December 14, 2022, 06:52:10 PM |
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I thought we’d hit a much lower low as well. I think the reason we didn’t was because the same forces that kept us from hitting $100K (paper Bitcoin) is now keeping it from $10K as exchanges hustle to buy BTC to fill their customer withdrawals. I’m more of an investor based on the 4-year cycle than price points, and the timing says to buy. I tweeted last month to buy the dip and it was almost exactly 4 years after the last time I tweeted to buy the dip. In late 2025 when everyone is screaming buy and the moon, I’ll be selling and urging others to do the same, just like 4 years prior to then when I was telling people to sell at $50K because we were headed to 10.
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dunfida
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December 14, 2022, 09:15:21 PM |
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I thought we’d hit a much lower low as well. I think the reason we didn’t was because the same forces that kept us from hitting $100K (paper Bitcoin) is now keeping it from $10K as exchanges hustle to buy BTC to fill their customer withdrawals. I’m more of an investor based on the 4-year cycle than price points, and the timing says to buy. I tweeted last month to buy the dip and it was almost exactly 4 years after the last time I tweeted to buy the dip. In late 2025 when everyone is screaming buy and the moon, I’ll be selling and urging others to do the same, just like 4 years prior to then when I was telling people to sell at $50K because we were headed to 10.
Even seeing 18k, i cant really make myself that too confident when it comes to price bottom which we do still have those chances or odds.Plus we arent seeing that significant jump in price. People are really that overreacting when they do saw that there's some 5-10% increase in price which isnt really that too much or something that involves that ordinary day volatility. We arent still ending on 2022 and we do have 15 days to go before this year ends which there's still lots of rooms for some conclusion on where the price would end for this year which is always be the main question.
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Ani1985
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December 15, 2022, 07:00:32 AM |
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Today the price is rising again and is close to $ 18k, if the positive trend continues I'm sure this month it can return to the $ 20k level, especially the FTX case which has not affected the market too much, with this fact I'm sure that in 2022 the price of $ 13500 will not happen again .
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Pujangga
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December 16, 2022, 02:05:08 PM |
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A few days ago the price of bitcoin almost dropped and fell below $ 15k, but positive sentiment occurred and it could rise again and now looks stable at the level of $ 17k, but threats to fall can occur at any time, if we look for information about bitcoin on Twitter or Google then mostly FUDs or negative news if bitcoin will drop further.
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CageMabok
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December 16, 2022, 11:30:44 PM Merited by fillippone (2) |
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Today the price is rising again and is close to $ 18k, if the positive trend continues I'm sure this month it can return to the $ 20k level, especially the FTX case which has not affected the market too much, with this fact I'm sure that in 2022 the price of $ 13500 will not happen again .
The FTX case has affected the market and investor confidence this year, so everyone has seen how volatile market conditions and declining conditions have been in Bitcoin this year. But slowly this will also recover in the next year because for this year there is not enough time to recover so quickly. After all, this is closely related to the trust of investors who want to stay in Bitcoin and want to enter the market when they want to make repeated purchases of Bitcoin. A few days ago the price of bitcoin almost dropped and fell below $ 15k, but positive sentiment occurred and it could rise again and now looks stable at the level of $ 17k, but threats to fall can occur at any time, if we look for information about bitcoin on Twitter or Google then mostly FUDs or negative news if bitcoin will drop further.
Bargain support for Bitcoin is still seen around $17K, although it is now below $17K again. But for the price as stated in this topic (13500 Dollars) for this year it doesn't look like it will happen because there is always a very small increase in Bitcoin so that the Bitcoin price is stuck at around $ 17K in this month, and for next year I personally also not sure whether there will be another decrease in Bitcoin or even have a better increase.
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Chato1977
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December 17, 2022, 07:04:04 AM |
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A few days ago the price of bitcoin almost dropped and fell below $ 15k, but positive sentiment occurred and it could rise again and now looks stable at the level of $ 17k, but threats to fall can occur at any time, if we look for information about bitcoin on Twitter or Google then mostly FUDs or negative news if bitcoin will drop further.
That is week ago mate and not few days ago , because for the whole week Bitcoin had been strongly holding 17k but just last night that it fell back to 16k and not holding in middle. FUD will always there , but remember that this is part of the progress for us to earn someone must lose lol.
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Wong Gendheng
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December 17, 2022, 07:25:26 AM |
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Today the price of dropping again is around 3% and the price of dropping again below $ 17k, if we want to sell it will certainly lose money, but if we can be patient and hold for the long term then this is a good opportunity to buy because it can get a cheap price . Not panic is the most important key to be able to get a big profit from Bitcoin.
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Baofeng
Legendary
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Activity: 2688
Merit: 1672
DGbet.fun - Crypto Sportsbook
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December 18, 2022, 07:36:38 PM |
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A few days ago the price of bitcoin almost dropped and fell below $ 15k, but positive sentiment occurred and it could rise again and now looks stable at the level of $ 17k, but threats to fall can occur at any time, if we look for information about bitcoin on Twitter or Google then mostly FUDs or negative news if bitcoin will drop further.
Nah, I don't see the price going below $15k although the lowest low because of the FTX collapse is $15,500. And then after that the price rose to $18k++ and then another set of FUD, this time around Binance proof of reserve that's why there are a rush of selling off, billions according to one report that it causes another panic that's why the price today is $16,700. But we are always at the end of 2022, nowhere $13,500 could be seen. Although this is possible next year as we are still in the bear market that time.
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salad daging
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December 18, 2022, 07:50:16 PM |
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A few days ago the price of bitcoin almost dropped and fell below $ 15k, but positive sentiment occurred and it could rise again and now looks stable at the level of $ 17k, but threats to fall can occur at any time, if we look for information about bitcoin on Twitter or Google then mostly FUDs or negative news if bitcoin will drop further.
Nah, I don't see the price going below $15k although the lowest low because of the FTX collapse is $15,500. And then after that the price rose to $18k++ and then another set of FUD, this time around Binance proof of reserve that's why there are a rush of selling off, billions according to one report that it causes another panic that's why the price today is $16,700. But we are always at the end of 2022, nowhere $13,500 could be seen. Although this is possible next year as we are still in the bear market that time. That FUD caused a lot of panic especially these accusations against Binance where one of the best exchanges right now investors don't want it to be an incident like FTX collapsing will still be different Binance and they are still strong even though they are being attacked by a group of people who don't like Binance there are starting to be a lot raising and selling their assets so Bitcoin fell back after touching $18k but we are stuck at $16,700. It is still very unclear $13,500 at the end of the year but indeed if the bearishness continues and there is no recovery for the market then it is a possibility, but in my analysis it is unlikely because for me the support point is $15,000 not much more than that. Currently there is too much FUD so that investors are not strong enough to see this problem.
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Sir Legend
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December 19, 2022, 10:59:16 AM |
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As an investor who has known bitcoin for a long time, whatever happens is normal, we have experienced tens of percent per day, drops of more than 20% have also been felt, it is not surprising if the price drops to $ 13,500, but if we think long term then it this is the best time to buy because you can get the maximum profit by buying at a low price.
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CageMabok
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December 19, 2022, 01:42:57 PM |
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Today the price of dropping again is around 3% and the price of dropping again below $ 17k, if we want to sell it will certainly lose money, but if we can be patient and hold for the long term then this is a good opportunity to buy because it can get a cheap price . Not panic is the most important key to be able to get a big profit from Bitcoin.
Those who have bought Bitcoin before can only wait if there is no spare capital to buy again at this opportunity. But for those who haven't bought at all, it's clear that the current opportunity is very good for them because the price of Bitcoin has returned to a low price level according to some people I still don't feel panicked about this even though the Bitcoin price is below $17K again, but I also don't make purchases anymore because I don't have more funds to make repeat purchases. So I don't buy at all on this occasion even though the advice you gave is still good and not bad.
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