How low will BTC's market price go?

[Ziskinberg]

There is a general rule that says when the bad news increases, this means that the end of the bear market is near, and therefore as long as this news continues, we are about to end the bear market and thus approach the best point to enter and buy in large quantities (if we have not reached it) or in other words, the bottom.

Therefore, expectations for the bottom are either that we have reached what or we are very close.

In the past when bad news strikes the market, the same gets spread around in different ways with some exaggeration. This further leads to more other bad news and such scenario used to be a way to manipulate the market and keep it on the downturn. Finally at some point the Whales take advantage of the market. Now the better understanding keeps people away from such spreading which is the reason it is mentioned higher the bad news circulating, we're nearing the end of bear market.

Spreading FUDs is very common when people start seeing the market decline. Of course, I understand the stance of these whales and they will take the opportunity. It doesn't mean whether it was manipulated or not but these whales actually save the market from dropping more. It was not sure how long this bear season will stay as we have no clue about it but if the FUDs still continue to influence the mindset of the investors, we can expect the same scenario that we have experienced before (2-3 years).

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[Chato1977]

The pressure is not over and it looks like the price has a chance to go down, there are too many FUDs and make many panic, the FTX case is like a time bomb that can explode at any time so that we must always be vigilant, it is better to store assets in a private wallet and wait for the cold situation before returning to exchanges.

Lol FTX? still using this to bring scare to the community ? if there is something to explode FTX isn't one of those because this has already exploded  and we can expect only bad things from this end.
i believe that there are some bad to happen but there are also good to expect specially that we are now seeing recovery from world economy .

[Ryker1]

The pressure is not over and it looks like the price has a chance to go down, there are too many FUDs and make many panic, the FTX case is like a time bomb that can explode at any time so that we must always be vigilant, it is better to store assets in a private wallet and wait for the cold situation before returning to exchanges.

Lol FTX? still using this to bring scare to the community ? if there is something to explode FTX isn't one of those because this has already exploded  and we can expect only bad things from this end.
i believe that there are some bad to happen but there are also good to expect specially that we are now seeing recovery from world economy .

Well I still believed in this --when it comes to panic, it will become prolonged which makes people conscious and withdraw their assets or sell them when they did not which is the right wallet to store. The effect of the panic selling was still there and that is the reason why bitcoin did not recover yet and it continued having corrections. However, there are too many conclusions regarding the price of bitcoin price and I think it is not only caused by the FTX --perhaps there is another reason.

[posi]

The pressure is not over and it looks like the price has a chance to go down, there are too many FUDs and make many panic, the FTX case is like a time bomb that can explode at any time so that we must always be vigilant, it is better to store assets in a private wallet and wait for the cold situation before returning to exchanges.

Lol FTX? still using this to bring scare to the community ? if there is something to explode FTX isn't one of those because this has already exploded  and we can expect only bad things from this end.
i believe that there are some bad to happen but there are also good to expect specially that we are now seeing recovery from world economy .

Well I still believed in this --when it comes to panic, it will become prolonged which makes people conscious and withdraw their assets or sell them when they did not which is the right wallet to store. The effect of the panic selling was still there and that is the reason why bitcoin did not recover yet and it continued having corrections. However, there are too many conclusions regarding the price of bitcoin price and I think it is not only caused by the FTX --perhaps there is another reason.

Drama FTX isn't over yet, it's just begun, the name FTX won't directly engulf the market, there will be other names instead but their deaths will also be caused by FTX. Rumors of Genesis Trading's default continue to rise if they fail to raise capital which could be the next name causing the market to crash.

Besides, I haven't seen any signs of economic recovery like Chaoto1977 said, inflation in the US is falling doesn't mean it represents a recovering world economy.

[GeorgeJohn]

Bitcoin price prediction is impossible but with my thoughts and desires I also want bitcoin to drop below $12k. If bitcoin can drop below 12k it will cause extreme panic in the market and many people leave the market. But for me it will be an opportunity, when others are afraid we should be greedy. Although it would be a bit cruel but if there was no panic in the market who would sell cheap bitcoin for us to buy.

Everyone wants the stability of Bitcoin price that will be favorable for him, Bitcoin price going to twelve thousand (12k) will be a very big lose for some people while some people whose their target is to buy more of Bitcoin will be a beneficiary to it. But in some point, Bitcoin going to twelve thousand to ten thousand (12k-10k) is totally a disadvantage to people who purchase Bitcoin when the price was at stage of thirty thousand and twenty five thousand (30k-25k) so it's depends on the individual target of investment.

[ethereumhunter]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

[fullhdpixel]

The pressure is not over and it looks like the price has a chance to go down, there are too many FUDs and make many panic, the FTX case is like a time bomb that can explode at any time so that we must always be vigilant, it is better to store assets in a private wallet and wait for the cold situation before returning to exchanges.

Lol FTX? still using this to bring scare to the community ? if there is something to explode FTX isn't one of those because this has already exploded  and we can expect only bad things from this end.
i believe that there are some bad to happen but there are also good to expect specially that we are now seeing recovery from world economy .

If there are bad things that will happen then that will only be on the side of SBF and FTX  but not in the crypto market. It's game over for them. FTX is no more and then SBF are going to jail sooner or later. The suffering for the crypto market is already over. Can't you see that the btc value is now stable at $16k?

There are still bad things that can happen but that will be from other exchanges or other platforms. Bad things are normal and they are a pair with the good things but we shouldn't worry because we already figured out that cryptos are too strong that even the baddest happenings in the crypto world, can't possibly made them collapse.

[RealMalatesta]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

I am one of those people, even though I agree that there is a possibility it could drop a lot lower, I also agree that it's not going to be that easy to drop anything under those levels. I prefer to see the good in bitcoin and that means I am always bullish about it. Even when I know that there is a possibility of the price going down, there is also a chance that it could always go up and stay like that and then keep going up.

I like to think about that side of things, it makes me feel a lot better. Yes it is not that easy and yes it will require a ton of things for us to be just going up and up constantly, but why not imagine that's the case, worst case I will hold some more.

[Questat]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

I am one of those people, even though I agree that there is a possibility it could drop a lot lower, I also agree that it's not going to be that easy to drop anything under those levels. I prefer to see the good in bitcoin and that means I am always bullish about it. Even when I know that there is a possibility of the price going down, there is also a chance that it could always go up and stay like that and then keep going up.

I like to think about that side of things, it makes me feel a lot better. Yes it is not that easy and yes it will require a ton of things for us to be just going up and up constantly, but why not imagine that's the case, worst case I will hold some more.

Despite the dropping scenario of Bitcoin, the majority are still bullish and remain optimistic. We still believe about "history repeats itself" and after the drop, Bullrun will come next. It is a question of when? But because we are willing to wait and covered with trust, it doesn't matter to us how long it comes. If that will happen by 2025, that's still okay.
That is why I don't bother myself too much with the current drop because I know it was just temporary and it will be over soon.

[Woodie]

You know how bitcoin and most altcoins are built around speculation  at the moment, there are just too many negative factors harboring around, which haven't given any chance for bitcoin to have a break to start the recovery process. You can imagine, while we were still feeling the impact of FTX and about to forget them and get on with our lives... BlockFi files for bankruptcy which tells me the dust from FTX hasn't settled and more damage could be done.... From this we could see price go as low as 14k or so, am just hoping we don't see 10K again after so many years 

[virasog]

In general BTC stay in a bear market and find its bottom next year of the bull season.

wait what ? bottoming next year of the Bull reason? can you explain this please?

This is what I think he meant:

Assuming bitcoin got to all-time-high in 2017, decreased below $4000 in 2018, 2019 and 2020. Although, the lowest price during the period was still in 2018 which was around $3100 to $3200 or so, while it decreased to around $3800 in both 2019 and 2020. Those price were very close to 2018 lowest price. Probably he is thinking something like that could still happen this time too, or to the extent their could be bull run which can be followed by a bear market that bitcoin price may decrease further below the recent lowest price.

Well, bitcoin made the lowest price of nearly 3000$ - 4000$ twice because in 2020 we had the covid crash which brought the price again to the lowest price. This may not repeat in 2022 and 2023 as there is no way humanity will face a disease like covid again, not possible at least in the short term.
I think this time we may see the lowest price only one and it could be a wick down to 9000$ to 10,000$. I don't think bitcoin can go below this seeing the onchain analysis.

[fzkto]

You know how bitcoin and most altcoins are built around speculation  at the moment, there are just too many negative factors harboring around, which haven't given any chance for bitcoin to have a break to start the recovery process. You can imagine, while we were still feeling the impact of FTX and about to forget them and get on with our lives... BlockFi files for bankruptcy which tells me the dust from FTX hasn't settled and more damage could be done.... From this we could see price go as low as 14k or so, am just hoping we don't see 10K again after so many years 

News about BlockFi has already spread everywhere, but so far the price has not reacted negatively and even on the contrary the market is in the green today. I don't know, maybe the reaction will happen later, but I think it's strange that many coins are rising today despite the negative news. I also think that the bad things are not over yet and there will be many more interesting things to come.

[Getmon]

My guesstimate of the lowest bitcoin price depends on the next approaching months to come. FTX invested billions of dollars in different crypto companies and vice versa. Some are already filing for bankruptcy while others are breathing heavily which would take months to know if they are able to survive or not. The market is staring and closely observing the big exchanges and platforms that may go down next. If no one big falls in the next months, bitcoin will begin its slow recovery up until the next halving.     

[Franctoshi]

Probably he is thinking something like that could still happen this time too, or to the extent their could be bull run which can be followed by a bear market that bitcoin price may decrease further below the recent lowest price.

This very bear market is quite different from other bear market we've had so far due to the kind of events that has really taken place,Too the market has not experienced some of this events before like Fed's shrinking of liquidity. However, I don't think we will really go that lows of $3800 in both 2019 and 2020 coronavirus lows. The market is full of uncertainty right now and another event could happen which will put more pressure on the price of Bitcoin.

[Abiky]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

Global conditions are worsening, so don't expect BTC to reach a new ATH in price anytime soon. I also think BTC will go much lower in price within the short term as there's a lot of negativism surrounding the whole crypto/Blockchain industry. I'd be surprised if it goes below $10k between the end of this year and the beginning of 2023. As I've said many times before, this is the perfect buying opportunity for you to grow your wealth in the long term. I don't think BTC will be worth less than $20k once it goes all the way to $100k.

Of course, not everyone is capable of resisting the tide (especially when you need the money right away for necessities). Only those who have spare cash to pour into Bitcoin will make huge returns within the next bull market. History has shown us that Bitcoin goes back up in price after a severe market "bloodbath", so I'm confident BTC will go to the moon very soon. Who knows if the next halving (2024) will turn the market extremely bullish? Just my thoughts

[Reatim]

What would be your predictions? Your input will be greatly appreciated. Thank you.

deep into 16k , and always chance of lowering more , I think that the market will keep on drowning because there are much to come from this bad news specially that FTX case that will bring more dumping sooner.

My guesstimate of the lowest bitcoin price depends on the next approaching months to come. FTX invested billions of dollars in different crypto companies and vice versa. Some are already filing for bankruptcy while others are breathing heavily which would take months to know if they are able to survive or not. The market is staring and closely observing the big exchanges and platforms that may go down next. If no one big falls in the next months, bitcoin will begin its slow recovery up until the next halving.     

at least specific amount would bring help and understanding.

I mean it can drop to 10k? or will grow up to 20k this before the 2022 end?

[kotajikikox]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

know what mate? either it goes strong at 15-16k or goes low to 10-13k? the best way to handle this is to keep holding , who cares if how much this will fall? the important part is our trust and our beliefs that bitcoin will grow high in the coming days.
that is what we have to understand here lol.

[Lambe Ndumble]

We are waiting for whether the price of December will return to $ 20k or vice versa down below $ 15k, I hope the price can touch $ 20k so that it makes investors optimistic with the future of Bitcoin, but whatever happens in the short term like now then don't panic, maybe It's time we fill the wallet and hold for the long term.

[ethereumhunter]

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

I am one of those people, even though I agree that there is a possibility it could drop a lot lower, I also agree that it's not going to be that easy to drop anything under those levels. I prefer to see the good in bitcoin and that means I am always bullish about it. Even when I know that there is a possibility of the price going down, there is also a chance that it could always go up and stay like that and then keep going up.

I like to think about that side of things, it makes me feel a lot better. Yes it is not that easy and yes it will require a ton of things for us to be just going up and up constantly, but why not imagine that's the case, worst case I will hold some more.

And right now, we should celebrate the moment of bitcoin's price hike because it could now go back up to $17k and hopefully, it will pick up again and touch $20k or higher this month. Yes, we should always be optimistic when we look at the market and even though the price hasn't increased too much, we must believe that bitcoin will surely increase one day. And it's only a matter of time before bitcoin rises again.

And hopefully, this month and in the following months, there will be a significant increase in the price of bitcoin. And before the price goes any higher, we must accumulate more bitcoins.

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

Global conditions are worsening, so don't expect BTC to reach a new ATH in price anytime soon. I also think BTC will go much lower in price within the short term as there's a lot of negativism surrounding the whole crypto/Blockchain industry. I'd be surprised if it goes below $10k between the end of this year and the beginning of 2023. As I've said many times before, this is the perfect buying opportunity for you to grow your wealth in the long term. I don't think BTC will be worth less than $20k once it goes all the way to $100k.

Of course, not everyone is capable of resisting the tide (especially when you need the money right away for necessities). Only those who have spare cash to pour into Bitcoin will make huge returns within the next bull market. History has shown us that Bitcoin goes back up in price after a severe market "bloodbath", so I'm confident BTC will go to the moon very soon. Who knows if the next halving (2024) will turn the market extremely bullish? Just my thoughts

I also don't think the price of BTC will reach a new ATH because apart from that, it is difficult to achieve shortly. Other market conditions are also undergoing tests so we are more patient in waiting for it. We don't have to worry or fear that the bitcoin price will not increase because after all this, we definitely see the price will start to increase and we have seen it now. And I agree with you that now is the opportunity to buy bitcoins and grow our wealth in the future.

If they have invested in bitcoins for a long time, they will have spare cash to buy more. And they must also have careful planning to help them invest in bitcoin even more. The next half will increase the bitcoin price, which means we will get a very big profit.

Some say that the price of $ 15k-$ 16k is the lowest price for bitcoin at the moment but there is still a possibility that the price will drop to $ 10k-$ 13k. And as long as there is still negative news circulating and global conditions are still showing no progress, the crypto market can still get an impact and that will make the crypto market fall even deeper. But if some positive news shows market sentiment for other commodities starting to improve, maybe the crypto market will also increase. But I don't know, the current situation is very difficult to predict and this time, the bitcoin price has really gone wild and our analysis could be wrong in predicting.

know what mate? either it goes strong at 15-16k or goes low to 10-13k? the best way to handle this is to keep holding , who cares if how much this will fall? the important part is our trust and our beliefs that bitcoin will grow high in the coming days.
that is what we have to understand here lol.

What is important right now is that the price of bitcoin can reach the level of $ 17k again and if you already have bitcoins from previous purchases, it means that your bitcoin assets have grown and you can withdraw temporary profits at this time. But if we still want to see the growth of our bitcoin assets, maybe we can be patient again and keep waiting until the price really goes up.

[Lubang Bawah]

Bitcoin price prediction is impossible but with my thoughts and desires I also want bitcoin to drop below $12k. If bitcoin can drop below 12k it will cause extreme panic in the market and many people leave the market. But for me it will be an opportunity, when others are afraid we should be greedy. Although it would be a bit cruel but if there was no panic in the market who would sell cheap bitcoin for us to buy.

Everyone wants the stability of Bitcoin price that will be favorable for him, Bitcoin price going to twelve thousand (12k) will be a very big lose for some people while some people whose their target is to buy more of Bitcoin will be a beneficiary to it. But in some point, Bitcoin going to twelve thousand to ten thousand (12k-10k) is totally a disadvantage to people who purchase Bitcoin when the price was at stage of thirty thousand and twenty five thousand (30k-25k) so it's depends on the individual target of investment.

The price of bitcoin must go up, if the price of Bitcoin is $ 12k, there will be many who release Bitcoin and choose another investment, the cheapest price since ATH in 2021 that I bought is $ 18k, and the most expensive price is $ 47k, if the price of bitcoin can touch $ 37k then My Assets will be the same, at this time there is no other choice for me other than hoping that the price is skyrocketing and maybe I will save and make it for long -term investment.