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Author Topic: Will Btc get to $12k or $10k  (Read 1908 times)
GeorgeJohn
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January 16, 2023, 05:51:21 AM
 #21

My take: BTC will be somewhere between $500 and $1,000,000 at the end of the year.

Source: trust me bro
This is just suggestion, we might indirectly agree that it will make well this year, but not hundred percent, [100%] sure of Bitcoin accelerating to the extent of meeting to point the price started dropping. I think last two years the price of Bitcoin was in between the point of sixty three thousand (63k) and if bitcoin to reach that point again i think many people will be happy. At this point saying Bitcoin will reach five hundred thousand to one thousand (500k -1000) i think it's base on assumptions, because nothing has shown or indicates that Bitcoin will get to such before this year runs out. We are at the starting point of the year 2023 let us check what it can yield.

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January 16, 2023, 06:44:51 AM
 #22

What happened in the price of bitcoin in these past weeks is not just a mini pump or mini rally, it can be considered as momentum reversal where we can see a new market season again. It's been a year of bearish market and finally we will see some bullish market again but we should manage our expectations because the price is not always going up, it is normal for the price to do some retest and retracement. As for now, the possibility of the bitcoin will go back in $10k - $12k has a low possibility because the bottom is finally formed where we can ensure that the price of BTC can consider as healthy if it holds at $18,000.

The possibility of going back into $10k - $12k will only become high if the price of the bitcoin did not hold and breakdowns at $18,000 and below. As for now, a lot of traders and investors are glad to see that the market are turning green again. We can get a lot of opportunities in this kind of market so it is better to train our skills in making entry and exit in the market.
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January 16, 2023, 07:49:13 AM
 #23

Yes but bitcoin is not going below $10000, even bitcoin may not go below it lowest price last year again which is $15400. Bitcoin may decrease back but not going below that price and what we are going to notice later on is that the price will reach ATH.
Many (read almost everyone) said that bitcoin won't go below previous all time high just because it never done that before, and we can see how that prediction ended up. Many things can happen to drive the price below 10k, like for example Binance or Tether going down (and there is always a chance for that to happen) which would almost certainly drive the price below $10k, and probably even much lower than that.

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January 16, 2023, 08:05:39 AM
 #24

Not saying that it will not happen because it's definitely unlikely, but it's absolutely very possible. Take note that $10,000 is merely just approximately 55-60% down from here. If there's something I've learned about bitcoin after 7 years, it can definitely surprise people — both in the upside and the downside.
It is true that the price of bitcoin can be very volatile, see when it was falling from $40000 to $17500 in few months ago, it took only short time. But $15400 is a price that the bears will lose more because most people are not selling. Even if the price go below $20000 again, it is not going to fall below $10000 is what I am thinking.

Many (read almost everyone) said that bitcoin won't go below previous all time high just because it never done that before, and we can see how that prediction ended up. Many things can happen to drive the price below 10k, like for example Binance or Tether going down (and there is always a chance for that to happen) which would almost certainly drive the price below $10k, and probably even much lower than that.
Bitcoin decreased below halving price but its reducing adoption volatility is still there. In the first halving, the volatility from ATH to lowest price at that time was 100x, in the second halving it was 33x, in the third halving it was 6.4x, in the fourth having, it is 4.5 now. What I know is that the volatility is decreasing and that it is like bitcoin still mimics the last time halving 4 years period which makes many speculation we make monthly to be almost accurate.

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January 16, 2023, 08:40:17 AM
 #25

I risk saying it won't. It's just a personal prediction which can be right or wrong, but it doesn't look like Bitcoin can retreat to that point anymore, unless another FTX scam happens this year.

Even during its worst moment last year Bitcoin didn't fall to that price range.

I'm being careful with such chaos' prophets, because they can be actually whales manipulating other investors. So you wait BTC to hit 14,000$, it never happens and they buy the dip as soon as BTC hits 16,000$-18,000$, which immediately returns to above 20,000$, and you stay out of the party...

We have just passed more than 16 days of 2023, which means there is still a long way to go to the end of the year, so it cannot be said that 2023 will be better than 2022. Predictions may be right or wrong, there is still a chance for bitcoin to fall again. Bitcoin is still affected by the economic situation, although inflation has decreased, the Fed has stopped raising interest rates, but many countries' economies have not yet recovered, so it is difficult to be sure that 2023 will be better. I'm still cautious with the market even though bitcoin has crossed 20k, I still don't believe bitcoin has really bottomed out.

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January 16, 2023, 11:16:08 AM
 #26

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
Bitcoin has been bearish since 2022. Bitcoin hit all-time lows after Luna and FTX scams. Since last year till now the impact of war has led to economic recession. But this slowdown is now the biggest problem for cryptocurrency development. Bitcoin may not return to this position if this downturn is overcome. Many thought that Bitcoin might go deeper again. Some people think $14K or $10K, but none of these are true to Bitcoin. Bitcoin has started to turn bullish again since last week. Now it is around $21,000 per bitcoin if this trend continuing then with in next week bitcoin may reach at $25000 or more that will be good sign for bitcoin.

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January 16, 2023, 12:30:56 PM
 #27

Can't say exactly, it could happen and it might not, but we believe it will be difficult, Bitcoin reaching $12k or $10k is hard to happen, at the moment the market is showing Bitcoin continues to rise even if the increase is not very stable and also not very significant and there is a small bull against Bitcoin, we think this is one of the strong reasons that Bitcoin is difficult to enter into this very low zone, now Bitcoin is still at $20k, and this is still on the green chart ( Little Bull ).

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January 16, 2023, 12:39:16 PM
 #28

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

Who are those callers, are they saints, or do they have a crystal ball? If they don't have those then they are just like us. They make predictions based on emotions or maybe are more deliberately manipulating the market. Don't invest by believing someone's call online, analyze yourself, maybe our analysis is wrong but their analysis is not necessarily correct.
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January 16, 2023, 12:59:51 PM
 #29

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

Looks like we got some entertainment! thanks Op you bring a very different atmosphere.

Regardless of how believable Bitcoin is up to $12K, the fact is all you have to do is watch it happen. So let us just take the price that is in sight. You just wait and wait for the $12K to happen.  Tongue

Does this make it clear for you to be sure and wait?

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January 16, 2023, 01:59:42 PM
 #30

As the crypto market is unpredictable, that's how nobody knows the bottom price of bitcoin.

The crypto world is a free space for everyone to speculate on any price he or she feels on bitcoin. I can even speculate that bitcoin will increase from its present price of $20k to $30k before the end of January without facts (Just based on speculation).

My advice to you is to invest when you feel like than wait for bitcoin to fall to a particular price before you choose to.

In bitcoin investment, you only lose when you choose to sell below the price you invested. Apart from that, you are at a profit if you hodl long for bitcoin to skyrocket in price

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January 16, 2023, 02:05:01 PM
 #31

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

No one has really seen the future. So every calls you are getting are based on assumptions and estimations. So yes anything and everything is possible. But currently if you see the price graph, then it’s confirmed that BTC won’t fall further. So if you stop being greedy and buy anywhere under 20k usd, then definitely you will make great profits in the upcoming month. BTC won’t fall further, so yes buying some at the current price will be a wise decision. This is just my assumption seeing the current trend. So let’s hope for the best.

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January 16, 2023, 02:28:08 PM
 #32

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

We don't know whether it will hit at this price or not, but what I am certain of right now is that it is beginning to pump and that it is the result of the economy opening up and inflation cooling. My prediction to you is quite the opposite: it was on the brighter side than in previous years, but let's see what happens now that there is resistance at 21K; let's see if it breaks it or if we see another bloody year for bitcoin. 
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January 16, 2023, 03:48:54 PM
 #33

Its price could and could not, we never know. But if it is general possibility and to answer the question, then there's a chance especially ifthere will be something that would make investors and non-investors avoid this technology in any possible reason there is perhaps government restriction. Such scenarios could really pull down this technology. But let us hope this thing won't happen even in the future. For this year's market behavior, it is a good thing recently wherein market prices gone up and I think it is now on the correction phase because that was merely a spike.
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

We don't know whether it will hit at this price or not, but what I am certain of right now is that it is beginning to pump and that it is the result of the economy opening up and inflation cooling. My prediction to you is quite the opposite: it was on the brighter side than in previous years, but let's see what happens now that there is resistance at 21K; let's see if it breaks it or if we see another bloody year for bitcoin.
A long way to go still and it is still hard to conclude as early as now. Things including price movement is unpredictable in the first place. For sure many people are anticipating the increase in 2024 but let us not close the curtains early for Bitcoin's price.

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January 17, 2023, 04:54:12 AM
 #34

Can't say exactly, it could happen and it might not, but we believe it will be difficult, Bitcoin reaching $12k or $10k is hard to happen, at the moment the market is showing Bitcoin continues to rise even if the increase is not very stable and also not very significant and there is a small bull against Bitcoin, we think this is one of the strong reasons that Bitcoin is difficult to enter into this very low zone, now Bitcoin is still at $20k, and this is still on the green chart ( Little Bull ).

Exactly, because no one knows the bottom yet, we are all predicting
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January 17, 2023, 04:56:46 AM
 #35

As the crypto market is unpredictable, that's how nobody knows the bottom price of bitcoin.

The crypto world is a free space for everyone to speculate on any price he or she feels on bitcoin. I can even speculate that bitcoin will increase from its present price of $20k to $30k before the end of January without facts (Just based on speculation).

My advice to you is to invest when you feel like than wait for bitcoin to fall to a particular price before you choose to.

In bitcoin investment, you only lose when you choose to sell below the price you invested. Apart from that, you are at a profit if you hodl long for bitcoin to skyrocket in price

yes you are very right,
thanks for that great advice of yours
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January 17, 2023, 04:59:48 AM
 #36

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

No one has really seen the future. So every calls you are getting are based on assumptions and estimations. So yes anything and everything is possible. But currently if you see the price graph, then it’s confirmed that BTC won’t fall further. So if you stop being greedy and buy anywhere under 20k usd, then definitely you will make great profits in the upcoming month. BTC won’t fall further, so yes buying some at the current price will be a wise decision. This is just my assumption seeing the current trend. So let’s hope for the best.


Hmmmm
Awesome, i also believe that as well, but many are just saying, this is a bull trap
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January 17, 2023, 05:15:36 AM
 #37

Hmmmm
Awesome, i also believe that as well, but many are just saying, this is a bull trap
Don't always believe what others say because it's not necessarily true. You better find more information to use as material for analysis to find out what really happened. And if it's a bull trap, you should also be prepared because we are again getting discounts to buy bitcoins. Maybe the current bitcoin price can start to increase to the point of $ 21k and will continue to reach a higher price. So if that is the time for bitcoin to start rising again, you should be positioned to make a profit. Don't be afraid of what people say; always analyze market conditions before you decide.

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January 17, 2023, 06:35:43 AM
Last edit: January 17, 2023, 07:01:25 AM by slapper
 #38



The above uses week candle

According to my analysis, I believe that we will hit $10k in a couple of months if we compare the current data with the data in 2017

But who knows, anything can happen, especially when we are in the era of the unknown. Merely everyday, something catastrophe happens, whether it is a new breakout invention, a conflict between countries, a new pandemic, etc. These events play an important role for the cryptocurrency world and the global economy in general.

In bitcoin, we trust, $15k is the best to buy.

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January 17, 2023, 06:37:10 AM
 #39

If price does not break out from the $22k-$25k zone then there is a high chance of price remaining bearish. I'm certain most believe we are bullish, but what we are seeing is simply a pull back trying to create a lower high then comes the lower low which will be the trading the expected order flow of being bearish..unless that price zone is broken then we shall be bullish.

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January 17, 2023, 10:27:20 PM
 #40

If price does not break out from the $22k-$25k zone then there is a high chance of price remaining bearish. I'm certain most believe we are bullish, but what we are seeing is simply a pull back trying to create a lower high then comes the lower low which will be the trading the expected order flow of being bearish..unless that price zone is broken then we shall be bullish.
I have been emphasizing on this particular scenario indirectly, by saying that after the little increment of bitcoin that got many people excited, the price will definitely scrubbed. But it's few people that will understand that if the increment of Bitcoin is not above thirty thousand (30k) during this time of experiencing a green theirs every tendency that it will happen to decrease at any point in time.

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