Bitcoin bottom prediction?

[Sir Legend]

If you look at the trend that has occurred since ATH, we will see that the market continues to decline, even a few days ago the price touched its lowest level, which was around $ 15k. let's wait whether in December the price can go up or not, I hope that the price doesn't drop again so that we can get profits and make investors more optimistic about the future of bitcoin.

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[ethereumhunter]

If you only focus on the lowest point where the bitcoin price will fall, then you will never get it. After all, the strategy you are doing right now is a highly recommended strategy. Many people predict the lowest point, but that still can't guarantee that the prediction is correct. Instead of having to continue to predict without any definite action, it is better to continue to be consistent with what you are doing now.
How many people regret because they continue to analyze without taking any action.

Most analysis will not have results, sometimes we have to dare to act, there is nothing more profitable than immediately buying, although at this time the price looks expensive, but I'm sure next month the price will reach $ 20k, so we can sell or hold if we want to more profit.

Only a few dare to act at this time because of the fear of those who want to buy bitcoin at low prices. That shouldn't have happened because they have seen bitcoin's journey, even if not from the start, but at least they know that its price will always go up and down. What they need to pay attention to is when the price decreases, that is the time to buy and hold it. And if the price drops lower again, it's another opportunity and it's up to them to buy again or wait a bit and confirm that the trend is down. If the trend continues to go down, they can place buy orders at the low price they want after they do further analysis.

[bitgolden]

If you look at the trend that has occurred since ATH, we will see that the market continues to decline, even a few days ago the price touched its lowest level, which was around $ 15k. let's wait whether in December the price can go up or not, I hope that the price doesn't drop again so that we can get profits and make investors more optimistic about the future of bitcoin.

That is the point here, we have dropped so much, will we drop even further? Nobody declines that we haven't dropped, of course we have and the question would be if we dropped too much or will drop too much more? I believe that we reached 15k levels and that was our bottom, I do not think that it will go down anymore and that should be the lowest point of all.

Some people think that we haven't seen the bottom yet and there is a chance it could drop even further, I do not know which one is right, but that is what we are trying to guess here. I still think that the bottom is probably in, we already saw the lowest point, that is what I am feeling close to, but I can't guarantee anything to anyone about it.

[jostorres]

Would be interesting to hear everyone's prediction when it comes to how low Bitcoin will go before the next bull run?

I think, the price of Bitcoin will still decrease to $15,000 before the bullish season will appear because the price of Bitcoin will definitely increase to ,$50,000 next month for traders to believe that 2023 will be a better year for crypto traders in the community. The market price is still low for those that missed the opportunity to buy at a lower price to buy now or wait for the price to decrease to $15,000 or $14,000 before they can buy and hold for the bullish market to come so that they will not regret when the price of Bitcoin go higher.

We already touch $15k last time so I guess that is enough and as we can see the price is above on that level again. Before we get to $50k, we still have a lot of checkpoints to pass so I don't think we will see your price on January. I do believe that 2023 is going to be a good year and different from this year but many people are not expecting the same.

I think that is because we are closer to the halving so they just assume that the gains will happen on that day only to make things more special than it will happen now or next year and then there is no more to expect later on. For those that who want to buy, they should do it now as this price is more surer, than waiting for the price to drop again.

[ScamViruS]

Most analysis will not have results, sometimes we have to dare to act, there is nothing more profitable than immediately buying, although at this time the price looks expensive, but I'm sure next month the price will reach $ 20k, so we can sell or hold if we want to more profit.

Those who think of buying at the bottom end up missing the opportunity. Because no one knows what the bottom price of Bitcoin will be before the next cycle begins. So at the price Bitcoin is now, those thinking of holding long are slowly taking their positions.
When there was a big dump in 2020 before the start of the last bull market, many did not buy in the bottom hoping to buy at 3k. After that the rest is history. So it is beneficial to take entry on time without expecting too much.

[n0ne]

^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.

Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.

Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.

[lienfaye]

I now hold 0.07 Bitcoin which I know isn't much but hopefully by the peak of the next bull run I will be holding a lot more.

That's decent enough. If you continue DCAing (since it's uncertain if we already reached the bottom) you can save more while we're waiting for bearish season to be over. DCA strategy is good because you can engage yourself at anytime, less stress since you don't have to mind the price.

Anyway, it's hard to pin point if the current price is the bottom or it might go down further, we really can't tell. Thus, do what you think is a good strategy at this time that can benefit you in the future. Don't wait for the lowest price before you buy, because this season is already a good timing to fill our bags.

[Pejoh Asu]

Although today the market can go up more than 1%, but I'm not sure that the bear market has been completed, we must always be aware of the many scam cases that will make Bitcoin performance decrease, the biggest scam is of course from exchanges, because exchanges users can reach millions so that they will has a significant impact on the market.

[Davian144]

Although today the market can go up more than 1%, but I'm not sure that the bear market has been completed, we must always be aware of the many scam cases that will make Bitcoin performance decrease, the biggest scam is of course from exchanges, because exchanges users can reach millions so that they will has a significant impact on the market.

The bear market is still not finished because it was triggered by several problems that have occurred this year so that the market recovery may take a little longer and that recovery will definitely not occur at the end of this year. a 1% increase is not enough and it pales in comparison to the percentage declines that have occurred this year. So the bear market is still continuing now even though everyone is hoping the bear market will end sooner.

[STT]

An exact bottom price is not something I'd like to name but we can see points of emphasis like right now the weekly price and monthly average are converging, it suggests to me we will get movement some a resolution between positive bias or a break negatively.
  If we can trade past and hold the prior December 5th high then that is a start to indicating positive price action is underway.  This is a really small step we need to confidentially surpass, the bigger move would be to regain 19k and similarly hold then trade above that level using it as support not finding these common price points as resistance or ceilings.

[Ultegra134]

^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.

Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.

Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.

2022 is over in less than a month, and I also don't believe that we'll see any major price fluctuations in the upcoming days, nor will we see it fall below $15.000. In my opinion, judging by the current market conditions based on inflation, recession, the energy crisis, and the never-ending war, the market is likely to face major crashes in 2023 since the current state is only going from bad to worse. As I already mentioned in my previous post, there are a few analyses claiming that Bitcoin could possibly crash down to $5.000, mimicking 2018.

More and more similar articles keep popping up, and while I find it hard to believe, it's a possible scenario. Here's another article I read yesterday:

https://www.newmoney.gr/roh/bloomberg/standard-chartered-voutia-70-ke-5-000-gia-to-bitcoin-stis-pithanes-anatropes-gia-to-2023/
It's in Greek but Google translate can be used.

[ginsan]

It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.

That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.

we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.

[Yaunfitda]

It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.

That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.

we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.

That's why they say crypto is not for everyone because we need a lot of patience here, in order to be successful or at least make a lot of profits.

I mean it's a cycle, a 4 year cycle, so just imagine if you don't have the patience to hold or take advantage of the situation in a bear market to buy because you think that the price is tanking.

But for those experience traders and speculators, we have been tested and so far we have passed the test. So the simple and yet effective strategy is to buy cheap and hold nad have the patience.

[dunfida]

It is not as easy as it may sound. They've endured market price down fall on those years and that made them deserving of what they have which is big profit in 2021. Many of are struggled holding because of worries of both selling too early and not selling at a higher market value. So on my end, determining its bottom won',t be a good option 'coz it will just be a factor of confusion.

That's where the theory of patience is tested when the market is volatile, we must have a calm soul in dealing with circulating funds. Those who have become millionaires at ATH before have provided tips for us to follow during market crashes, one of which is to buy at low prices and hold for the long term so we can be like them someday. but the events that are happening in our bodies right now are a sense of taking profits quickly and anyone will experience that so the difficulty of becoming a millionaire is at that crucial point.

we have to relieve our sense of ego towards small gains and more concerned with big prospects in the long term. during this sideways market btc is relatively stable if we see selling and buying action. I don't think we're going to see lower prices later in the year because we're going to see the big pump coming in day by day later in the year.

That's why they say crypto is not for everyone because we need a lot of patience here, in order to be successful or at least make a lot of profits.

I mean it's a cycle, a 4 year cycle, so just imagine if you don't have the patience to hold or take advantage of the situation in a bear market to buy because you think that the price is tanking.

But for those experience traders and speculators, we have been tested and so far we have passed the test. So the simple and yet effective strategy is to buy cheap and hold nad have the patience.

4 year cycle is what most people been eyeing for now which we've been experience very long bearish market which it isnt really that something surprising that people would really be making out those patterns and forms and basing up into those things back in the past.For now its really that very common to have those presumptions and made out actions according to that.
We are always hunting out the bottom price which had been a casual thing to be done by investors because we are trying out to maximize profitability which it would be normal
that you would really be coming after that.Now that the price is stabilizing or having that no movement then this is where challenge and headache to begin.

[TravelMug]

^^ Maybe, but still a full year ahead of us, full year of still bearish sentiments running around that can create another lowest low or bottom for this bear cycle.

Just hard though to see the price hitting at $13k or worst the $10k that everyone is hoping. Because that is the best chance for them to start accumulating because that could be the bottom price that we all have been waiting for.

Low bottom for the ongoing year won't happen much. Maybe the price can go close to $15k and the same won't drop to $10k or something. Even now it is time to accumulate through DCA and this can make you not miss the opportunity. By the falling year if the market trend continues to be the same as now, there are chances of reaching $12k or down to it.

Current yeah? maybe we have hit the bottom at $15k.

But as I have said, we should look at 2023 with the same or at least we might see the same sentiments that's why the bottom price could still be open and we haven't it at this bear cycle.

So again, we should be prepared as to what next year will offer, if it goes down to what we have predicted then continue to accumulate and don't miss the chance to fatten our wallet around $10k-$12k.

[StreakW]

It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.

[19Nov16]

It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.

Price prediction is indeed a difficult thing, if it's easy, of course we will become millionaires, because predictions are a difficult thing, it makes us always curious and in my opinion the best thing now is to buy because the opportunity to rise immediately occurs.

[Ayers]

It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.

I would say that it is impossible to predict the bottom of bitcoin nor predict the ATH of bitcoin during the bull season. Since incidents like Luna and FTX are always unexpected, the analysis cannot give exact numbers. Bitcoin bottom prediction is pointless while we can use DCA, IMO.

Nevertheless, you are correct, no matter how much bitcoin falls, in the end it will recover and rise again even if it drops too much. The bear market doesn't last forever, so buy lots of bitcoin while still cheap.

[South Park]

It is very difficult to predict accurately how low the price of bitcoin will go, especially since the bear market is showing no sign of ending yet. But rest assured that the bull market will definitely come and for those of you who have bought bitcoin at the lowest price it is better to hold your assets while waiting for an increase to be sold so that you can get a satisfactory profit later.

I would say that it is impossible to predict the bottom of bitcoin nor predict the ATH of bitcoin during the bull season. Since incidents like Luna and FTX are always unexpected, the analysis cannot give exact numbers. Bitcoin bottom prediction is pointless while we can use DCA, IMO.

Nevertheless, you are correct, no matter how much bitcoin falls, in the end it will recover and rise again even if it drops too much. The bear market doesn't last forever, so buy lots of bitcoin while still cheap.

A good trader is someone that is able to adjust to the circumstances they are facing, the truth is that we will never know what is the bottom of this bear market until the bear market itself is over and we see an important recovery for bitcoin, this means that we need to have a strategy which can still make money despite that lack of knowledge, and one of the best strategies which can be employed right now is to use dollar cost averaging and get some cheap coins while we can.

[$crypto$]

A good trader is someone that is able to adjust to the circumstances they are facing, the truth is that we will never know what is the bottom of this bear market until the bear market itself is over and we see an important recover for bitcoin, this means that we need to have a strategy which can still make money despite that lack of knowledge, and one of the best strategies which can be employed right now is to use dollar cost averaging and get some cheap coins while we can.

Looking at the base price no one ever knows we just assume the base price is bearish it has been the lowest throughout ATH so there is no need to know that but the important thing is how can we earn well in a red market situation implementing a strategy it is important to start buying with whether for example DCA or buy dips and other types of strategies from all of those methods, we will definitely hold on as long as the bearish market hasn't come out.
Yeah I believe bitcoin will definitely recover and experience bullish again only one way to buy at this time.