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Author Topic: Will Btc get to $12k or $10k  (Read 1908 times)
LittleBitFunny
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March 30, 2023, 04:15:01 PM
 #181

the possibility of the BTC price going down is still there because it is impossible for the BTC price to continue to move up, but to go down to $12k or $10k seems unlikely because we are getting closer to the bullish the closer to the bullish of course the price will continue to increase because many people want to buy to welcome the next bullish.

I also predicted bitcoin to drop to $12k last year as the market faced unprecedented challenges from black swan events in the market, as well as war and inflation news...But at the end that didn't happen, I'm a little bit sorry. As for what's going on this year, it's even more unlikely as we're up more than 50%, and bitcoin is trading at $29k, a drop to $12k is unlikely. According to me, we have the final bottom for this bear season, and those who missed it should change their plans and buy bitcoin now.

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March 31, 2023, 09:28:50 AM
 #182

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.

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March 31, 2023, 11:56:34 AM
 #183

Yes, 15.4k USD is the bottom for BTC last year but we don't know about this year. As of now the price is still doing great and it doesn't show any signs that it will fall below $15k. Just a sign that we are breaking $30k and start a bull market soon. If you are looking for those lower prices to buy a coin, you might need to wait long but why not buy now?

It is still possible for you to profit this way. Don't limit your self on the buy low sell high strategy. I think that strategy is outdated already. Bitcoin is not new anymore and we already see what it can do. However you may still need to apply that strategy if you invest on the newer altcoins and tokens.

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March 31, 2023, 12:22:00 PM
 #184

Since this thread is still circulating, no doubt as there are still enough bears waiting for $10K to $12K this year, then quoted is a thread with arguments for the bottom being in already.


Admittedly it did seem a lot more likely for lower prices earlier in the year (or late last year), but despite the high inflation, the high fed rates and negative economic environment, price rebounded strongly.

I also do think it's likely that end of this year or next year price will re-visit near the lows (maybe $25K or a wick down to $20K), if price rebounds strong to $40K to $50K that is, but this is a long way away.

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March 31, 2023, 12:33:22 PM
 #185

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.

I don’t agree with you mate. The price doesn’t crashes randomly. When there is some bad news in the crypto industry (like previously FTX news), then only the market crashes. The reason for the price fall is very simple. Hearing the bad news, people start to fear and hence they panic sell their coins for which the price goes down. But currently there is no situation like this, so definitely Bitcoins will rise only. If you are waiting for Bitcoins to fall more and then buy the coins, then I guess you might have missed the right price to buy the coin. Don’t greed for more and buy the coins at the current price.

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March 31, 2023, 03:05:24 PM
 #186

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.

I don’t agree with you mate. The price doesn’t crashes randomly. When there is some bad news in the crypto industry (like previously FTX news), then only the market crashes. The reason for the price fall is very simple. Hearing the bad news, people start to fear and hence they panic sell their coins for which the price goes down. But currently there is no situation like this, so definitely Bitcoins will rise only. If you are waiting for Bitcoins to fall more and then buy the coins, then I guess you might have missed the right price to buy the coin. Don’t greed for more and buy the coins at the current price.

I agree with you not to wait for lower levels to buy because there is no guarantee bitcoin will plummet again. But I will disagree with you that bitcoin will definitely increase, there will be no decrease. We don't have any evidence to back that up either.
Currently, there is no bad news in the crypto industry but tomorrow, next month… no one knows what will happen. Likewise, the collapse of FTX was a surprise to all of us, no one could have foreseen it until it caused damage to us.

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March 31, 2023, 07:44:42 PM
 #187

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.
Storms that come unexpectedly can indeed affect the market as well as Bitcoin, even if the storm is for cryptocurrencies and Bitcoin. But if there is no bad news and bad storms for cryptocurrencies and Bitcoin in the near future, I think the increase will still occur even if not sharply because price corrections for Bitcoin also never just disappear in the market. Now I think more about increasing the price to $30K in the next month, not about dropping to $10K because that is the lowest point I can't imagine right now.

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March 31, 2023, 08:47:45 PM
 #188

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.

I don’t agree with you mate. The price doesn’t crashes randomly. When there is some bad news in the crypto industry (like previously FTX news), then only the market crashes. The reason for the price fall is very simple. Hearing the bad news, people start to fear and hence they panic sell their coins for which the price goes down. But currently there is no situation like this, so definitely Bitcoins will rise only. If you are waiting for Bitcoins to fall more and then buy the coins, then I guess you might have missed the right price to buy the coin. Don’t greed for more and buy the coins at the current price.

That's the only thing that can hold off this rally, if we have black swan events like the Terra and FTX.

We even have bad news in the market when US CFTC and others went after CZ and Binance, https://decrypt.co/124961/binance-ongoing-investigations-cftc-sec-doj-irs

So the price went briefly below $28k but now it seems that we are back above that price level again. We just need to be observant and vigilant on things currently happening as their could be big news that will make the price go down hard again.

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March 31, 2023, 10:54:07 PM
 #189

Even though bitcoin looks rising this month but we have to be prepared if bad things happen, the opportunity to crash to $10k is of course easy to happen, and this has often happened when the price looks skyrocketing but when a storm comes the price can dip again.
Storms that come unexpectedly can indeed affect the market as well as Bitcoin, even if the storm is for cryptocurrencies and Bitcoin. But if there is no bad news and bad storms for cryptocurrencies and Bitcoin in the near future, I think the increase will still occur even if not sharply because price corrections for Bitcoin also never just disappear in the market. Now I think more about increasing the price to $30K in the next month, not about dropping to $10K because that is the lowest point I can't imagine right now.
there will always be two different sides, expecting improvement and willing to accept if there is a decrease. both can always happen at any time on bitcoin but when yesterday it had increased and reached $ 28K, of course, we hope that we will be able to do more than that, but if you look at the current world situation where there is no news of economic improvement, then it is very likely that a decline can occur.
but actually the most important thing is to immediately buy and hold it because next year the halving era will occur, which is certain the price will increase.

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April 01, 2023, 01:23:26 AM
 #190

In the current position of the Bitcoin market, there is absolutely no chance of the market going down any further. The price of Bitcoin we observed has already Crossed $29k dollars. And the way the market is going, it can be hoped that the market will not be a bear market again. Spammers who say bitcoin price can come from $10k to $12k have no idea about bitcoin. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future.

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April 01, 2023, 05:40:37 AM
 #191

In the current position of the Bitcoin market, there is absolutely no chance of the market going down any further. The price of Bitcoin we observed has already Crossed $29k dollars. And the way the market is going, it can be hoped that the market will not be a bear market again. Spammers who say bitcoin price can come from $10k to $12k have no idea about bitcoin. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future.

i agree with you, bitcoin price now has touched around 28k, so if bitcoin goes down to 12k or 10k is far-fetched. in the last few months the price of bitcoin only reached 16k and now it has improved at 28k I think the price of bitcoin will continue to rise even though there is a slight negative trend but the trend is relatively more in a positive direction.



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April 01, 2023, 10:55:28 AM
 #192

there will always be two different sides, expecting improvement and willing to accept if there is a decrease. both can always happen at any time on bitcoin but when yesterday it had increased and reached $ 28K, of course, we hope that we will be able to do more than that, but if you look at the current world situation where there is no news of economic improvement, then it is very likely that a decline can occur.
but actually the most important thing is to immediately buy and hold it because next year the halving era will occur, which is certain the price will increase.
I don't see how the world economy is at the moment. but when I saw that Bitcoin is starting to hold at $28K at the moment, I thought that the world economy is also not in a bad state even though you say the world economy is not improving at the moment. For the hope of most people, they really hope that Bitcoin can increase even higher than now, but this certainly requires more buying action from all walks of life so that the increase can be a little sharper.

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April 01, 2023, 09:00:08 PM
 #193

there will always be two different sides, expecting improvement and willing to accept if there is a decrease. both can always happen at any time on bitcoin but when yesterday it had increased and reached $ 28K, of course, we hope that we will be able to do more than that, but if you look at the current world situation where there is no news of economic improvement, then it is very likely that a decline can occur.
but actually the most important thing is to immediately buy and hold it because next year the halving era will occur, which is certain the price will increase.
I don't see how the world economy is at the moment. but when I saw that Bitcoin is starting to hold at $28K at the moment, I thought that the world economy is also not in a bad state even though you say the world economy is not improving at the moment. For the hope of most people, they really hope that Bitcoin can increase even higher than now, but this certainly requires more buying action from all walks of life so that the increase can be a little sharper.
If I say it is true that the world economy is still not performing well it is still in unstable condition. Especially if you go to the markets of Europe, you will see that the price of everything has gone up, not only here but also in the third world countries.
Also the economy is still not in a good position with banks collapsing etc but bitcoin is showing its positive sign I don't think if bitcoin goes down to 10k-12k I will be more happy thinking if we ever get dip in this range again.


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April 01, 2023, 11:16:47 PM
 #194

In the current position of the Bitcoin market, there is absolutely no chance of the market going down any further. The price of Bitcoin we observed has already Crossed $29k dollars. And the way the market is going, it can be hoped that the market will not be a bear market again. Spammers who say bitcoin price can come from $10k to $12k have no idea about bitcoin. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future.

i agree with you, bitcoin price now has touched around 28k, so if bitcoin goes down to 12k or 10k is far-fetched. in the last few months the price of bitcoin only reached 16k and now it has improved at 28k I think the price of bitcoin will continue to rise even though there is a slight negative trend but the trend is relatively more in a positive direction.
We know that everything could be possible. How you would be able to tell on what happened from going to 69k and dropped on 15k? It might be far too stretched off but we know on how this market is totally that unpredictable.This is why there are still people out there who do really expect and anticipate that the market would really be going that low. They are more focused on how these technical indicators do say
and trying out to push out that it could be still possible from that price point or going that down low. $10-$12k is indeed that low but no one would really be
expecting that it could happen in a snap.

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April 02, 2023, 07:44:26 AM
 #195

All the callers, saying Bitcoin will get to $12k $10k or below, we haven't see $14k so far, is $15.4k the last bottom for btc or we are still going to see more dump??

this should be a mini pump
because Btc is resting at a critical supply zone. If it breaks and close above it, we may not see 12k. If not 12k here we come
Only god knows about the price because even some expert cannot say the exact price of btc 12k$ is possible or it can maybe drop down below that number, no one knows about it and it is really hard to predict, if we all know about the price in the future then we can all be rich in that simple buying and holding strategy, the problem is we cannot predict it so we can't get rich in a very simple way.

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April 02, 2023, 08:02:09 AM
 #196

The price of bitcoin is always fluctuating so under any circumstances it can happen, today the price is around $28600 and the market since March looks promising, but we have to be careful because crashes can happen again and this is normal and an opportunity to buy more.
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April 02, 2023, 08:12:35 AM
 #197

In the current position of the Bitcoin market, there is absolutely no chance of the market going down any further. The price of Bitcoin we observed has already Crossed $29k dollars. And the way the market is going, it can be hoped that the market will not be a bear market again. Spammers who say bitcoin price can come from $10k to $12k have no idea about bitcoin. So don't be deterred from investing in bitcoins by listening to spammers but invest in the current market and you will benefit in the future.

i agree with you, bitcoin price now has touched around 28k, so if bitcoin goes down to 12k or 10k is far-fetched. in the last few months the price of bitcoin only reached 16k and now it has improved at 28k I think the price of bitcoin will continue to rise even though there is a slight negative trend but the trend is relatively more in a positive direction.
We know that everything could be possible. How you would be able to tell on what happened from going to 69k and dropped on 15k? It might be far too stretched off but we know on how this market is totally that unpredictable.This is why there are still people out there who do really expect and anticipate that the market would really be going that low. They are more focused on how these technical indicators do say
and trying out to push out that it could be still possible from that price point or going that down low. $10-$12k is indeed that low but no one would really be
expecting that it could happen in a snap.

Hard to tell as we can see from how investors and traders are working together inside the market, though we can't predict how things will be in the next few months, chances of falling to that level is by far if basing on how the movements unless there's huge whale dive that will take place and push the price down, though I'm positive that if ever things like that will happen there are investors (whales) that will take it and hold those sold assets.

We need to plan our decision making to prevent/avoid making mistakes in losing our investment. Always stretch your patience and be calm to think about your next investment moves.

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April 02, 2023, 08:49:49 PM
 #198

The price of bitcoin is always fluctuating so under any circumstances it can happen, today the price is around $28600 and the market since March looks promising, but we have to be careful because crashes can happen again and this is normal and an opportunity to buy more.

And speaking of fluctuation, the price is currently at $28,300 from the $28,600 that you have seen. As a experienced buyer yeah, anything goes right now, we might be seeing some semblance of a bull run, nevertheless if there is one bad news the market might turn for the worst. Nevertheless it's a perfect opportunity again to just buy when that happens.

So assuming that it will go back to $12,000 or even $10,000, then we don't need to take it very badly but instead make it positive and buy around that price and continue to accumulate long term.

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April 02, 2023, 09:54:50 PM
 #199

And speaking of fluctuation, the price is currently at $28,300 from the $28,600 that you have seen. As a experienced buyer yeah, anything goes right now, we might be seeing some semblance of a bull run, nevertheless if there is one bad news the market might turn for the worst. Nevertheless it's a perfect opportunity again to just buy when that happens.

So assuming that it will go back to $12,000 or even $10,000, then we don't need to take it very badly but instead make it positive and buy around that price and continue to accumulate long term.
There is always a connection with every pattern of price movement because if the market fails to reach a certain price target it is likely to stay at a lower price until it is time to reach an increase again, but even if the market drops drastically we can increase our portfolio assets and never panic about prices because it can cause you lost focus for long term investment, you don't need to remind about the recent correction low but think of recovery high from $15k to reach $28k within this month, current correction low doesn't mean anything, we optmistion to hold BTC until halving period.

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April 05, 2023, 04:29:39 AM
 #200

the possibility of the BTC price going down is still there because it is impossible for the BTC price to continue to move up, but to go down to $12k or $10k seems unlikely because we are getting closer to the bullish the closer to the bullish of course the price will continue to increase because many people want to buy to welcome the next bullish.

I also predicted bitcoin to drop to $12k last year as the market faced unprecedented challenges from black swan events in the market, as well as war and inflation news...But at the end that didn't happen, I'm a little bit sorry. As for what's going on this year, it's even more unlikely as we're up more than 50%, and bitcoin is trading at $29k, a drop to $12k is unlikely. According to me, we have the final bottom for this bear season, and those who missed it should change their plans and buy bitcoin now.

We hope the price of $15k is the final bottom and it doesn't happen again, now we focus on buying because we have passed the hard times, the big potential for bitcoin this year will skyrocket huge because of the many influencers who continue to give positive feedback about the future of bitcoin.
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