How low will BTC's market price go?

[Crypto Legend]

Do not be pessimistic about Bitcoin's performance, today has gone up more than 3% and returns to $ 17K, I'm sure that the market will continue to rise so that those who panic and sell cheaply will regret it, maybe this year closed with a low range but I'm sure good for skyrocketing in 2023.

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[Chato1977]

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.

if that will happen then I must use all my funds in banks and maybe consider selling my Motorcycle to add in my investment?
going down to 10-12 k means another opportunity to get richer in the future as i will keep my holding for another halving .

[Davian144]

Do not be pessimistic about Bitcoin's performance, today has gone up more than 3% and returns to $ 17K, I'm sure that the market will continue to rise so that those who panic and sell cheaply will regret it, maybe this year closed with a low range but I'm sure good for skyrocketing in 2023.

The increase in the price of Bitcoin from $ 16K to $ 17K that has occurred in recent days I think has something to do with some news saying that in Brazil they have legalized cryptocurrency and Bitcoin, but they have not adopted it as adopted by El Salvador because the Brazilian government has not signed it does, but Lawmakers in Brazil, Latin America's largest economy, have approved legislation legalizing cryptocurrencies such as bitcoin ( BTC-USD ) and ethereum ( ETH-USD ) as payment methods in the country. [Reference]: https://seekingalpha.com/news/3912432-brazil-approves-bill-to-legalize-crypto-payments

[Pejoh Asu]

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.

if that will happen then I must use all my funds in banks and maybe consider selling my Motorcycle to add in my investment?
going down to 10-12 k means another opportunity to get richer in the future as i will keep my holding for another halving .

Sometimes we have to dare to speculate to change our lives, if our lives are more than 10 years there are no big changes, then it's time to dare to take risks, lose or multiply, I've experienced a good moment in 2017 when buying bitcoin under $ 5000 at the beginning Last year sold at $ 12k and I will try again the luck.

[Bitcoin1216]

A lot of speculation that the price will drop to $ 13k, of course this is a very sad fact because the market continues to decline, but today we are happy because prices rise to around $ 17k, although still vulnerable to drop but after reaching $ 17k it will make many investors Believe that Bitcoin still has hope for rising in December or at least can touch $ 20.

[Fara Chan]

The increase in the price of Bitcoin from $ 16K to $ 17K that has occurred in recent days I think has something to do with some news saying that in Brazil they have legalized cryptocurrency and Bitcoin, but they have not adopted it as adopted by El Salvador because the Brazilian government has not signed it does, but Lawmakers in Brazil, Latin America's largest economy, have approved legislation legalizing cryptocurrencies such as bitcoin ( BTC-USD ) and ethereum ( ETH-USD ) as payment methods in the country. [Reference]: https://seekingalpha.com/news/3912432-brazil-approves-bill-to-legalize-crypto-payments

There has been much speculation linking bitcoin to Brazil's shocking news of Parliament's approval of cryptocurrency legalization of a legal payment method, but so far there has been no further link to connect the matter, although it is true that bitcoin has seen a slight uptick. Brazil begins drafting laws against bitcoin, USD and ETH as legal tenders for purchases of products or services.
Interestingly, the Brazilian government has already taken a step forward if the President approves and signs the law in the near future.

[TheGreatPython]

Do not be pessimistic about Bitcoin's performance, today has gone up more than 3% and returns to $ 17K, I'm sure that the market will continue to rise so that those who panic and sell cheaply will regret it, maybe this year closed with a low range but I'm sure good for skyrocketing in 2023.

The increase in the price of Bitcoin from $ 16K to $ 17K that has occurred in recent days I think has something to do with some news saying that in Brazil they have legalized cryptocurrency and Bitcoin, but they have not adopted it as adopted by El Salvador because the Brazilian government has not signed it does, but Lawmakers in Brazil, Latin America's largest economy, have approved legislation legalizing cryptocurrencies such as bitcoin ( BTC-USD ) and ethereum ( ETH-USD ) as payment methods in the country. [Reference]: https://seekingalpha.com/news/3912432-brazil-approves-bill-to-legalize-crypto-payments

Really? If it's true then why it's not being talked about in this forum? usually, when there are news about btc/crypto, whether negative or positive this forum is one of the first to know it. The price is already close to $17k last day so even without those rumours, btc can still reach $17k on its own. Also if there are countries who legalize btc then the price should skyrocket. $17k is not the only thing that we will be seeing now but let see.

Maybe people are still adjusting at the moment. Once they are now ready, that is the time to see the real effect. it's hard to copy what El Salvador did and as you can see there are only few who followed it. Other countries are still thinking if what will be the consequences and maybe they are doing some preparation first before they come on that phase.

[ginsan]

3 major issues that emerged this year which have a serious impact on market conditions where the three sources have been Op mentioned in the main thread. now if we refer to the lowest price point for this year maybe we have seen the market collapse when ftx went bankrupt, namely at the point of $15400 where after btc reached its lowest level we saw btc slowly starting to go back up. indeed the ftx collapse has not completely happened because I see they are still active on twitter so there is a big reason that they still haven't reached zero from this incident but I hope it doesn't have an impact on market conditions again.

We have entered the end of the year where this December we will be honored with a bounce to reach $20k. well, if this happens, I think the price of btc in the next year will be able to provide a big return for holders who enter at the current price. A strong bounce is expected and we hope that btc can break the resistance point at $20k this December.

[STT]

Topics like this are the good guidance for crowd sentiment, when we have a page full of when 100k?  then be on your best guard because we can take fall with such lack of doubt we may more easily trip.     When the page is full of its the end of the world, all hope is gone there is nothing but negative reflecting then ironically seller exhaustion can occur just as it also becomes most apparent and see through; worn out we may become bullish then.
    I still think it'll take time to transform and things like the moving average will be gaining not losing so reflecting a change in momentum.   When all those factors align we click into place a change in gear and may more easily ascend.

[Hamphser]

Topics like this are the good guidance for crowd sentiment, when we have a page full of when 100k?  then be on your best guard because we can take fall with such lack of doubt we may more easily trip.     When the page is full of its the end of the world, all hope is gone there is nothing but negative reflecting then ironically seller exhaustion can occur just as it also becomes most apparent and see through; worn out we may become bullish then.
    I still think it'll take time to transform and things like the moving average will be gaining not losing so reflecting a change in momentum.   When all those factors align we click into place a change in gear and may more easily ascend.

You could really see into this forum;

When 100k?
When 1M/coin?
When 500k?

on contrary

How low Bitcoin price will go?
10k possible?
3k is the lowest price

and so forth....

This is why its really that good to read up these threads and try out to be aware and realize on how the community do really react out
with these kind of speculations that do keep on circling around.If you've been on this market for a while then you are already that numb when it comes to
these kind of speculations and views.We do know that there's no way on predicting out on where it would be going and this is the toughest and most challenging thing ever once we do deal up
with Bitcoin and make out investment on it which we dont know on where it would be heading out. Therefore, risk taking would be the main key on here.

[jaberwock]

Sometimes we have to dare to speculate to change our lives, if our lives are more than 10 years there are no big changes, then it's time to dare to take risks, lose or multiply, I've experienced a good moment in 2017 when buying bitcoin under $ 5000 at the beginning Last year sold at $ 12k and I will try again the luck.

I am not sure if that's always the case. I have been living basically the same life for the past 7 years or so, and I can easily tell you that I can't dare to change it. Doesn't mean that my life is yacht parties and dinners at Paris lunch in Madrid type of life, my life is stay at home and work freelance and then watch netflix and then sleep, that's my entire life.

And to be perfectly honest with you there is a good chance that I will live like this until I am 60 if I live that long, and then retire, probably retire a bit earlier thanks to crypto, maybe 50. That is why it's not easy to change life because if you are not poor but not rich, that means it's hard to take those risks.

[Oilacris]

Sometimes we have to dare to speculate to change our lives, if our lives are more than 10 years there are no big changes, then it's time to dare to take risks, lose or multiply, I've experienced a good moment in 2017 when buying bitcoin under $ 5000 at the beginning Last year sold at $ 12k and I will try again the luck.

I am not sure if that's always the case. I have been living basically the same life for the past 7 years or so, and I can easily tell you that I can't dare to change it. Doesn't mean that my life is yacht parties and dinners at Paris lunch in Madrid type of life, my life is stay at home and work freelance and then watch netflix and then sleep, that's my entire life.

And to be perfectly honest with you there is a good chance that I will live like this until I am 60 if I live that long, and then retire, probably retire a bit earlier thanks to crypto, maybe 50. That is why it's not easy to change life because if you are not poor but not rich, that means it's hard to take those risks.

When you are taking the much safer side or less risk kind of path then you would really be having this kind of living which i could say that you and I is really just the same.Im contented on what im really

that earning and as long i do make out some allocation for saving up for future possible profits then thats what im doing.Im not really wasting up my time and my coins to be spent into something which
it isnt worth nor really that sensible on doing so.Although we could say that there's no assurance on how the future works or what are the things that could happen but at least we are really taking that
lesser risk kind of route which you know that you are really that prepared for whatever outcome that it will really be happening.You are prepared
and anticipating both negative and positive and thats the key.

[Vinaa77]

This year has been full of catastrophes for the crypto/Blockchain industry. First it was the Russo-Ukraine war, then the Terra/LUNA implosion, and most recently, the FTX collapse. All of this had severely affected Bitcoin's market price. The pioneer cryptocurrency used to trade between $20k - $25k, but now it's trading at $16k - $15k per coin. I know investing in Bitcoin is for the long haul, but I'm curious how low its price will go before bouncing all the way back up again? Some people say Bitcoin will go lower than current market prices as the effects of the FTX collapse haven't materialized yet. There are many companies and projects (like Solana) which had investments on FTX, so it's likely BTC will see more pain ahead before the dust settles.

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

Many predict that the Bitcoin price will be lower than the current price. It would even be under $15k in price. This is also due to the many polemics that have occurred with crypto so far. Russia's war with Ukraine made global economic growth even worse, and this has had a huge effect on crypto. As you mentioned, the problems of Luna and FTX also had a negative impact on the growth of the Bitcoin price. But this condition will soon improve. I think there will be new investors who will improve this atmosphere.

[Abiky]

Many predict that the Bitcoin price will be lower than the current price. It would even be under $15k in price. This is also due to the many polemics that have occurred with crypto so far. Russia's war with Ukraine made global economic growth even worse, and this has had a huge effect on crypto. As you mentioned, the problems of Luna and FTX also had a negative impact on the growth of the Bitcoin price. But this condition will soon improve. I think there will be new investors who will improve this atmosphere.

There are a lot of negative events in the real world that will ultimately push Bitcoin's price all the way down the drain (at least within the short term). If you've been into crypto for a long time, you'll notice that history has repeated itself. There's always a time where prices go all the way down the drain due to FUD and other unfortunate events. But Bitcoin always bounces back after a severe market "bloodbath".

I believe this is only an opportunity for you to buy more coins at a huge discount. Once everything goes up again, Bitcoin may not be worth less than $15k ever again. Who knows if making the right decision today would lead you towards untold riches in the future? Just my opinion

[GreatArkansas]

We have entered the end of the year where this December we will be honored with a bounce to reach $20k. well, if this happens, I think the price of btc in the next year will be able to provide a big return for holders who enter at the current price. A strong bounce is expected and we hope that btc can break the resistance point at $20k this December.
(....)

If this will happen, then the memories of December 2017 and December 2020 is back. We all know during this time before, Bitcoin price action where unstable to go up only and was considered as the pre-bull market season before.
But this time, we came from the $69k price of Bitcoin, and now we are trading below $20,000. So for me, if this will happen again, I'm not expecting to create a new all-time-high next year.
But it's ok for me, I'm just fine, and also good for the market if we will see huge upward price action for this month.

[19Nov16]

Many analysts say that the price of bitcoin has the opportunity to drop even under $ 12k, but if you look at this week's movement we deserve to be optimistic that the price of $ 15k is the lowest position, of course still need a big test like the end of the year that people usually need cash for a vacation and prepare forr the year new.

[Baofeng]

We have entered the end of the year where this December we will be honored with a bounce to reach $20k. well, if this happens, I think the price of btc in the next year will be able to provide a big return for holders who enter at the current price. A strong bounce is expected and we hope that btc can break the resistance point at $20k this December.
(....)

If this will happen, then the memories of December 2017 and December 2020 is back. We all know during this time before, Bitcoin price action where unstable to go up only and was considered as the pre-bull market season before.
But this time, we came from the $69k price of Bitcoin, and now we are trading below $20,000. So for me, if this will happen again, I'm not expecting to create a new all-time-high next year.
But it's ok for me, I'm just fine, and also good for the market if we will see huge upward price action for this month.

Yeah, the only difference is that we are about to hit the peak at December 2017 with it's massive bull run.

But this 2022, it's the first year of a massive decline in price, from $69k to what kind of price we will see at the end of this month and obviously the year. So I also doubt that we will see $20k, most probably this will be the boundaries that we are moving till the end of December, around $17k'ish.

If there is no FTX collapse, probably is, we are going to close maybe in the vicinity of $20k. But it is what it is. So we will have to accept what the market will offer to us.

[Captain Corporate]

It is clear that many people expect even more volatility because it has happened a few times already, but the reality is that its not really going to happen that quickly and frequently. I get that all that FTX stuff made people consider maybe another thing will happen to crash the prices and then another and then another, like that's somehow the way we would go back to 3-4k levels where we used to be. However, that's not really that easy, the amount of money that requires to sell all those bitcoins would be way too high, like really not that possible. Hence, we are not going to go down that much, we are at a very good level, 15k+ is where it will stay at.

[Oceat]

Many analysts say that the price of bitcoin has the opportunity to drop even under $ 12k, but if you look at this week's movement we deserve to be optimistic that the price of $ 15k is the lowest position, of course still need a big test like the end of the year that people usually need cash for a vacation and prepare forr the year new.

We can't say what or where the price will go since it all depends on the supply and demand plus the news might make a little touch but that's it. This is what happens when there's a bearish trend and I remember that during holidays the price tend to drop but during bull run it doesn't happen when in 2018 it does then completely gone to bearish.

We can't really expect what's going to happen in the market but one thing is for sure, this bearish trend will pass. It's time to buyback with its cheaper price actually since during bull run you won't get this price and imagine how long you would wait to see this price again?

[Punakawan]

Until now we are still optimistic that the market will continue to improve, slowly the market continues to rise and I'm sure in December it can rise at least 10% or reach $ 19K, of course many things can make bitcoin can rise again and in my opinion negative issues such as the FTX case can subside.