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Author Topic: How low will BTC's market price go?  (Read 931 times)
iamsange
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December 10, 2022, 08:42:58 AM
 #81

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.
The negative issues from the cases that have befallen FTX can indeed subside, but that does not mean that the world market and economy will improve soon. Because as long as the recession and inflation are still happening at this time and also in the next year, improvements in all markets may take a very long time to happen and even take a long time for this.

For the price of Bitcoin itself, I personally still believe that it will increase as long as the increase is not in a larger range, because corrections and decreases can still occur suddenly at this time and that will make traders and investors a little reluctant to bring more money into the market.
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December 12, 2022, 07:03:20 PM
 #82

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.

We can't expect prices to rise after everything crypto has gone through the course of 2022. A lot of things need to settle down, before crypto could rise back to its former glory. The FTX collapse is very similar to the Mt. Gox collapse, so it's likely confidence into crypto will be restored after some time has passed.

I think Bitcoin will continue to decline in price, especially when "The FED" will keep raising interest rates. Maybe it'll go as low as $10k the next year? The crypto market is widely unpredictable so we can only hope for the best. Just my thoughts Cheesy

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December 12, 2022, 08:14:09 PM
 #83

We can't expect prices to rise after everything crypto has gone through the course of 2022. A lot of things need to settle down, before crypto could rise back to its former glory. The FTX collapse is very similar to the Mt. Gox collapse, so it's likely confidence into crypto will be restored after some time has passed.

I think Bitcoin will continue to decline in price, especially when "The FED" will keep raising interest rates. Maybe it'll go as low as $10k the next year? The crypto market is widely unpredictable so we can only hope for the best. Just my thoughts Cheesy
I feel like it has been long enough time. I get that FTX is recent but that doesn't mean that we are looking at something just recent, we are looking at everything together, we are looking at all of 2022 and how it has gone down. Doesn't mean that we are not going to see any more bear market, of course it can continue some more but I feel like we have seen all we should see and from here on out we should be starting to just go up.

Enough with everything that has happened and time for us to start to heal. Maybe I am just alone with this thought, but I am sick and tired of all the bear approach to crypto, too many people lost hope, we should be starting to gain that a bit back.
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December 14, 2022, 03:05:06 PM
 #84

I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.

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December 14, 2022, 04:22:39 PM
 #85

I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.
We never know what will happen in the future, and if it is something that is really bad for crypto then the market can never escape the panic of traders. $15.5K was the lowest since bitcoin's last ATH so far, but it's always possible to find another low even though bitcoin is currently trading at $18K.

FTX events are something unexpected for crypto, but something like this has been warned by some users. So it's always possible to see another bad thing happen to crypto, especially something that will impact the market. Right now I'm really hoping $15.5K is the low for 2022, so there shouldn't be another low for the rest of the year.

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December 14, 2022, 06:34:04 PM
 #86

I don't think there will be anything which would affect bitcoin price to go lower than this price, the aforementioned tragic that was caused months ago coupled with FTX could have been the major things that would have brought it to the lower part of 10k or even lower but yet bitcoin still survived the heat and keep dangling around $15k to $18k, i believe the next movement would likely touches $20k within the remaining part of the year.
We never know what will happen in the future, and if it is something that is really bad for crypto then the market can never escape the panic of traders. $15.5K was the lowest since bitcoin's last ATH so far, but it's always possible to find another low even though bitcoin is currently trading at $18K.

FTX events are something unexpected for crypto, but something like this has been warned by some users. So it's always possible to see another bad thing happen to crypto, especially something that will impact the market. Right now I'm really hoping $15.5K is the low for 2022, so there shouldn't be another low for the rest of the year.
It is nice that bitcoin is finally trading above 18k as this is a price we have not seen for some time, but just as you mention a new low could always happen, after all we know that whales are not above manipulating the market and this could be a bull trap, with this in mind it is important to always try to remain as objective as possible when we make our predictions so as to not become a victim of their schemes, as it is possible many traders will begin to trade aggressively the markets only to lose even more money if we get yet another drop in the price.

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December 15, 2022, 07:00:08 AM
 #87

The price of bitcoin is still fluctuating, FUDS which is increasingly massive after the FTX case makes many people sell all Bitcoin assets, but this month looks stable and has the opportunity to rise, but we must be prepared and vigilant because bad trends can happen again and make the price will drop again.

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December 16, 2022, 08:33:10 AM
 #88

snip
We never know what will happen in the future, and if it is something that is really bad for crypto then the market can never escape the panic of traders. $15.5K was the lowest since bitcoin's last ATH so far, but it's always possible to find another low even though bitcoin is currently trading at $18K.

FTX events are something unexpected for crypto, but something like this has been warned by some users. So it's always possible to see another bad thing happen to crypto, especially something that will impact the market. Right now I'm really hoping $15.5K is the low for 2022, so there shouldn't be another low for the rest of the year.

You think so?
Another low might be possible although we have lesser days left to roll over the next year but let's see what would be the outcome of the price action. Hey mate, the last thing you could do is to trust some crypto news or even taking advice from traders which you think that knows more than you just stick to your portfolio and hold  your bitcoin rather paying attention to whatever news that may rose from some people over the media.

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December 19, 2022, 11:03:04 AM
 #89

Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
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December 19, 2022, 11:49:46 AM
 #90

snip
We never know what will happen in the future, and if it is something that is really bad for crypto then the market can never escape the panic of traders. $15.5K was the lowest since bitcoin's last ATH so far, but it's always possible to find another low even though bitcoin is currently trading at $18K.

FTX events are something unexpected for crypto, but something like this has been warned by some users. So it's always possible to see another bad thing happen to crypto, especially something that will impact the market. Right now I'm really hoping $15.5K is the low for 2022, so there shouldn't be another low for the rest of the year.

You think so?
Another low might be possible although we have lesser days left to roll over the next year but let's see what would be the outcome of the price action. Hey mate, the last thing you could do is to trust some crypto news or even taking advice from traders which you think that knows more than you just stick to your portfolio and hold  your bitcoin rather paying attention to whatever news that may rose from some people over the media.
The rest of the year is only 10 days, so it's highly unlikely that bitcoin will make a new low, but it's all conjecture, as bitcoin can't be predicted. Bitcoin is unlikely to make a new bottom, but it will also be hard to see a spike in bitcoin's recovery for the rest of the year.  The current situation is that I really believe we haven't reached the final bottom in this bear season, I still predict bitcoin to drop below 15k and possibly as low as 12k.
DCG fund is still selling their assets, and the FUd around the asset audits of the exchanges is very tense, so a new bottom is likely to happen soon.

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December 19, 2022, 02:13:12 PM
 #91

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.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

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December 19, 2022, 03:19:24 PM
 #92

Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.
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December 19, 2022, 04:33:26 PM
Merited by fillippone (2)
 #93

Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
As long as you can still focus on the long term and will never panic with a drop in prices at the end of this year. One day you will definitely win by getting more profit if the target selling price that you set can happen. FUD has always existed and there is no need to be consumed with that influence for now because the goal of the people who created FUD is to destroy the market and Bitcoin

Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.
The most natural thing to happen is an increase in price when there are more people who are willing to hold Bitcoin, not a decrease that occurs. Because the price decline occurs is when there are many people who are still selling Bitcoin due to panic with the many FUD news in various media at this time. And for the size of 1 BTC is 1 BTC, I don't think it needs to be disclosed because as long as the holder does not reduce his assets, it is clear that his assets will not decrease even if their value decreases.
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December 19, 2022, 04:45:57 PM
 #94

Until Dollar index trades under 103 we are probably in a holding loop as far as BTC price is concerned.   Lower or higher during this time doesnt matter too much, its bouncing around a box contained by the larger situation which is the world greatly favors Dollar right now.  Even after Dollar weakens a little and markets become more speculative there is a second stage of support, previously Dollar was trending down over multiple years and markets were very free and expansive but not currently.

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December 19, 2022, 05:06:37 PM
 #95

Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
The price of the Bitcoin market will dip until the bearish season is over, the FUDs spread across the online social media outlets are just something that will trigger the bottom price of the bearish market and they are not the major reason the market bearish. What we are seeing now is just the replication of the 4years cycle in which the bottom price will happen through negative news just like when Steve Wozniak publicly announced the selling of his BTC holding in the year 2018 if I could remember.

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December 19, 2022, 05:35:44 PM
 #96

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.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

In fact it will be difficult for bitcoin to break through 20k at the end of the year, currently it is still at the $16.6k level, it is still far from happening at that price.
It is clear that other FTX and FUD issues can hinder market movements from recovering again, now they are still being hit by a red storm, which means that there is still a very small possibility for bitcoin to recover quickly, except for just waiting for really positive sentiment to come.

Next year bitcoin will break the record? What do you mean by ATH? I think it's an exaggeration because 2023 still doesn't determine bitcoin will move at the beginning except maybe at the end of 2023 and even then it won't be a new record.

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December 19, 2022, 08:06:48 PM
 #97

Currently there are still a lot of FUDs spread across various online media, social media and so on, many are panicking so they sell bitcoin and of course the price continues to drop, but there is a good thing that the price can still stay at the $16k level, I'm not afraid if the price drop again because I'm focused on long term goals, I will sell if the price can touch at least $45k or 3x the current price.
Yes, if we all put bitcoin in our long-term portfolio, i.e. hold it for many years, it is normal for bitcoin to drop in price, nothing too scary. 1BTC is 1BTC, so a falling price against USD doesn't reduce our bitcoin, so why should we worry?  Bitcoin goes down and then goes up, that's the law of the market, so as long as we don't sell when it falls and only sell when the price recovers, we will never lose.

Not everyone will understand this thing, because they don't know Bitcoin properly. It is important to focus on long-term planning when the market offers opportunities. What we once considered the top price of Bitcoin is now considered the price e bottom. So here's a rough guess as to what the market situation might be after the next five years. Because the price of Bitcoin will change not the amount of Bitcoin. I think smart investors are just strengthening their positions.

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December 19, 2022, 08:54:29 PM
 #98

Its not really the low price Iam worried about to be honest, thats just the shop dressing for the window shoppers to look on and be impressed or concerned about.   Price is the final result of all kinds of things including just simple human perception regardless of underlying strength or weakness, it often seems as we rise in price when we probably shouldn't or there is just no good reason vice versa we can go lower and it can be incorrect.  
   Duration is more of a real consideration, just whats the time length for this lull.   If people knew a certain price objective at a certain time then you see far greater confidence, its like herding sheep I think.  We have uncertainty ongoing so the price is almost secondary to that overlying influence some it is external imo.

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December 19, 2022, 08:55:13 PM
 #99

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.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

I love your bullishness, we need more of it in these gloomy times.

IMO we won't see anything above 22k for another year, but I prefer to be ready for the worst if it's even possible.

I'm 100% sure of a couple things though:
We'll see another bull run in less than 3 years.
Next bull run will take us above the previous all time high
Bitcoin will never again go below the last bear market lows of 3k USD.

Knowing the above, I'm ready for whatever else I have to endure due to FUD, government attacks, market manipulation and all that. I know I've already won by holding bitcoin and I can only win more in time. There's no way for me to lose.

Make sure you hold as much bitcoin as you can and wait out the fear, as it will pass.

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December 19, 2022, 09:46:54 PM
 #100

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.

Definitely as per many people’s calculations, Bitcoins will cross 20k usd in this year. I know issues like FTX etc, have really hampered the growth of Bitcoins, but believe me, this time Bitcoins won’t stop. So if anyone is waiting for more low price for Bitcoins and haven’t bought enough Bitcoins, then my friend you are doing a huge mistake. Just buy as many Bitcoins as you can, as next year Bitcoins will break records. Buy Bitcoins now and enjoy profits more than 100% next year. We have to just wait and be patient.

I love your bullishness, we need more of it in these gloomy times.

IMO we won't see anything above 22k for another year, but I prefer to be ready for the worst if it's even possible.

I'm 100% sure of a couple things though:
We'll see another bull run in less than 3 years.
Next bull run will take us above the previous all time high
Bitcoin will never again go below the last bear market lows of 3k USD.

Knowing the above, I'm ready for whatever else I have to endure due to FUD, government attacks, market manipulation and all that. I know I've already won by holding bitcoin and I can only win more in time. There's no way for me to lose.

Make sure you hold as much bitcoin as you can and wait out the fear, as it will pass.
The key on here is that you should really make yourself that prepared for whatever circumstances that we might face up because this market is always been unpredictable.There's no way we could be able to

determine on what the future looks like.Yes, we could really be that optimistic or pessimistic towards the market and this isnt something thats new because we've been through on lots of particular situation

which we do really stick up those things that might happened in the future.It all matters with the demand and there's no way we could determine on where it would be heading.
This what makes this market is really hard to predict or deal with and this is why lots do throw out lots of assumptions and speculations circling around.
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