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Author Topic: Will Btc get to $12k or $10k  (Read 1908 times)
BITCOIN4X
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January 21, 2023, 05:58:58 AM
 #61

The possibility of bitcoin dropping to 10k-12k is improbable,
IMO, it's always possible, but only if the bitcoin market is hit with bigger problems than FTX.

but I don't think the bear market is over, and we are entering a real bull season, we still have a long way to go before the halving. So I predict that the current bull run is just a price trap, bitcoin might hit 25k-27k in this bull, but it will correct to 20k soon.
I have accumulated until 2022, and at current prices, I am profitable, but I don't think the market will go up from here.
A correction is always possible and I don't think that is bearish, but just a normal correction. The bearish season should have passed where the market should recover before the end of 2022, but in fact the market has started to be positive since entering the new year. I also don't think it's some kind of trap, but it's the market recovery that we have been waiting for so long. If you have accumulated assets in 2022, now you just have to enjoy the results. I hope you're not too keen on selling it now, obviously there should be bigger rise from now on in the future.

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January 21, 2023, 12:06:01 PM
 #62

Will Btc get to $12k or $10k?

Of course not. Don't be silly.

If you want a bear market, you'll have to wait until 2026-2027 when it crashes back down under $100k.

Hopefully you stocked up during that splendid buying opportunity when it was under $20k.

The possibility of bitcoin dropping to 10k-12k is improbable, but I don't think the bear market is over, and we are entering a real bull season, we still have a long way to go before the halving. So I predict that the current bull run is just a price trap, bitcoin might hit 25k-27k in this bull, but it will correct to 20k soon.
I have accumulated until 2022, and at current prices, I am profitable, but I don't think the market will go up from here.
We just have to stay alert to all the possibilities that can happen to bitcoin. No one knows where these bitcoins will go in a few hours the next day. If people want to see bitcoin price under $20k again, they will have to wait for bitcoin price to reach its new ATH again. At that point, the bitcoin price will crash and fall to the bottom again as @JimboToronto said.

We also don't know if this little bull run is a price trap to make people happy for a bit and then the price will go back into a sharp decline without them noticing it.

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January 22, 2023, 10:46:01 PM
 #63

...If you have accumulated assets in 2022, now you just have to enjoy the results. I hope you're not too keen on selling it now, obviously there should be bigger rise from now on in the future.
I am a long-term holder, I even expect that bitcoin will drop again so I can continue to buy bitcoin. I never intend to sell my bitcoins for a meager profit or sell your bitcoins for less than $100k. But I still doubt this is more of a price trap than a sign of a real bull run, we are over 400 days away from the halving, so I'm still pessimistic about a bull run from now on.
People are looking for a rally and bullish but I am looking for the opposite. Because if the market is uptrend from now on, that means to buy bitcoin under $20k, we will never see it again.

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January 23, 2023, 06:24:13 AM
 #64

...If you have accumulated assets in 2022, now you just have to enjoy the results. I hope you're not too keen on selling it now, obviously there should be bigger rise from now on in the future.
I am a long-term holder, I even expect that bitcoin will drop again so I can continue to buy bitcoin. I never intend to sell my bitcoins for a meager profit or sell your bitcoins for less than $100k. But I still doubt this is more of a price trap than a sign of a real bull run, we are over 400 days away from the halving, so I'm still pessimistic about a bull run from now on.
People are looking for a rally and bullish but I am looking for the opposite. Because if the market is uptrend from now on, that means to buy bitcoin under $20k, we will never see it again.
The time left to the next halving is one reason some investors are not really convinced about the current upward surge we have witnessed recently, however even if this is not a bull market depending on how high the price goes during the next weeks it could be possible for the price to not go below 20k again.

A bittersweet moment for sure as it would be nice if we left that level forever, but this would also signify we will never have the opportunity to buy bitcoin for a price lower than 20k.

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January 23, 2023, 09:53:10 AM
 #65

No one can predict this market, I used to believe this is possible some years ago and I tried to stay ahead of the game but I flunked, the best lesson I've learned is never to rely on those stupid YouTubers that claimed they know where this market is heading, it's all garbage. Gather some USDT or your favorite stable coins and start buying dips when there is big bad news affecting the market and make sure you don't run out of stable coins until the Next Bitcoin halving is near.

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January 23, 2023, 10:05:56 AM
 #66

No one can predict this market, I used to believe this is possible some years ago and I tried to stay ahead of the game but I flunked, the best lesson I've learned is never to rely on those stupid YouTubers that claimed they know where this market is heading, it's all garbage. Gather some USDT or your favorite stable coins and start buying dips when there is big bad news affecting the market and make sure you don't run out of stable coins until the Next Bitcoin halving is near.
YouTubers are other people we don't know at all, so there is no more specific reason to trust them in anything including Bitcoin and cryptocurrency market forecasting. Buying at low prices is part of everyone's efforts to make a profit in the future and it is something that is very common for many people and is definitely not bad. I think your suggestion is very clear that in terms of the market or any cryptocurrency everyone should always be able to rely on himself without trusting anyone.

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January 23, 2023, 10:11:53 AM
 #67

Bitcoin is one such coin that has received a huge response in the crypto market.  No one can accurately predict the future of Bitcoin.  Over time, the price of Bitcoin changes to a wall.  In 2022, the price of Bitcoin touched 15k to gradually increase from there, until now it has settled at 22.7k.  And the price of Bitcoin touched the highest in January at 23,3K.  However, the price of Bitcoin has the potential to increase further, which is entirely dependent on the investor.  Opportunity to invest in present time.

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ethereumhunter
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January 23, 2023, 10:49:43 AM
 #68

...If you have accumulated assets in 2022, now you just have to enjoy the results. I hope you're not too keen on selling it now, obviously there should be bigger rise from now on in the future.
I am a long-term holder, I even expect that bitcoin will drop again so I can continue to buy bitcoin. I never intend to sell my bitcoins for a meager profit or sell your bitcoins for less than $100k. But I still doubt this is more of a price trap than a sign of a real bull run, we are over 400 days away from the halving, so I'm still pessimistic about a bull run from now on.
People are looking for a rally and bullish but I am looking for the opposite. Because if the market is uptrend from now on, that means to buy bitcoin under $20k, we will never see it again.
The time left to the next halving is one reason some investors are not really convinced about the current upward surge we have witnessed recently, however even if this is not a bull market depending on how high the price goes during the next weeks it could be possible for the price to not go below 20k again.

A bittersweet moment for sure as it would be nice if we left that level forever, but this would also signify we will never have the opportunity to buy bitcoin for a price lower than 20k.
At least we can be happy to see that bitcoin has survived all the negative news out there so the price was able to increase to $22k yesterday. Even if the price is corrected now, it doesn't matter because in the future, the price of bitcoin will rise again and there is a possibility that the price can break through the $22k level and go even higher.

But there are still many people who say that the price of bitcoin can go back to the price of $ 10k or $ 12k before the price goes through a huge price spike. And hopefully, that won't happen because the current market conditions have started to stabilize a bit and many people are hoping to see the market recover.

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January 23, 2023, 07:20:14 PM
 #69

Bitcoin is one such coin that has received a huge response in the crypto market.  No one can accurately predict the future of Bitcoin.  Over time, the price of Bitcoin changes to a wall.  In 2022, the price of Bitcoin touched 15k to gradually increase from there, until now it has settled at 22.7k.  And the price of Bitcoin touched the highest in January at 23,3K.  However, the price of Bitcoin has the potential to increase further, which is entirely dependent on the investor.  Opportunity to invest in present time.
It's true the prediction about the price of Bitcoin is really tough. Bitcoin is growing now and it's a good sign. I hope investors will attract more to invest on Bitcoin now. Price can go down but I think it will for correction only. So it's really golden opportunity for us to buy Bitcoin for future benefit.
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January 23, 2023, 10:15:39 PM
 #70

Bitcoin is one such coin that has received a huge response in the crypto market.  No one can accurately predict the future of Bitcoin.  Over time, the price of Bitcoin changes to a wall.  In 2022, the price of Bitcoin touched 15k to gradually increase from there, until now it has settled at 22.7k.  And the price of Bitcoin touched the highest in January at 23,3K.  However, the price of Bitcoin has the potential to increase further, which is entirely dependent on the investor.  Opportunity to invest in present time.
It's true the prediction about the price of Bitcoin is really tough. Bitcoin is growing now and it's a good sign. I hope investors will attract more to invest on Bitcoin now. Price can go down but I think it will for correction only. So it's really golden opportunity for us to buy Bitcoin for future benefit.
Speculating big in the shadow of Recession are not really advisable despite we are now seeing and witnessing the price of bitcoin reached the highest level since the continuous scandal in the last few months involving nearly trillion dollar in circulation ...

There is still a chance a huge crash happened due the uncertainity we might faced this year. Nobody really know.

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January 23, 2023, 10:21:10 PM
 #71

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

Source: trust me bro

50,000 and 1,000,000

FTFY Thrust me bro...  Tongue

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January 23, 2023, 11:02:40 PM
 #72

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 think personally that ot too early to speak of what direction Bitcoin price 8s heading most especially now that the market just took a new turn and vegan a recovery phase, if tou judge bitcoin performance of now and when this thread was created tou will know that alot has happened to the market.

But not to much for us to call it a bull market, the general bitcoin atmosphere may look so bullish but in reality we are still very far from bull market.

R


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January 23, 2023, 11:51:06 PM
 #73

The chances were very low for the price to reach down to$15k. Once there were more possible chances as the price of bitcoin is found around $17k. The price got pushed and it went $23k+ which is a good bounce in the market. Based on this market move the chances for$12k and $10 k is low, even though the price pump is mentioned to be temporary.

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January 24, 2023, 02:00:50 PM
 #74

the possibility of going down is indeed there but to fall from the current price and even touch the price of $ 12k or $ 10k is very contrary to the current conditions, considering that recently we have seen that bitcoin can be said to be in a bull run condition which makes investors traders assume that the price is increasing day by day, but however we cannot predict the next few days what the conditions and prices will befall traders.
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January 24, 2023, 02:31:35 PM
 #75

No one can predict this market, I used to believe this is possible some years ago and I tried to stay ahead of the game but I flunked, the best lesson I've learned is never to rely on those stupid YouTubers that claimed they know where this market is heading, it's all garbage. Gather some USDT or your favorite stable coins and start buying dips when there is big bad news affecting the market and make sure you don't run out of stable coins until the Next Bitcoin halving is near.
YouTubers are other people we don't know at all, so there is no more specific reason to trust them in anything including Bitcoin and cryptocurrency market forecasting. Buying at low prices is part of everyone's efforts to make a profit in the future and it is something that is very common for many people and is definitely not bad. I think your suggestion is very clear that in terms of the market or any cryptocurrency everyone should always be able to rely on himself without trusting anyone.
about the many people who speculate about the price of Bitcoin, I think it's very reasonable because everyone has their own views, but for what will happen in the future no one knows for sure.
and to follow it is okay but there is no definite guarantee for it, so I think I have more confidence in my own abilities so that if something happens I myself will be responsible for it, whether it's a bad thing or a good thing, but everything must start with mature learning process.

and as for Crypto market prices, up to now I still believe in the great influence of world news and the repetition of things that happened in the past that will be the same or close to what will happen in the future.



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January 24, 2023, 03:43:34 PM
 #76

My estimate is that bitcoin will not touch the $10k mark even though bitcoin is very volatile. Bitcoin is already at the lowest point of $ 15k I think at the beginning of this year January - April bitcoin went up, May corrected until July, September rose until the end of the year, green annual closing, its function is to provoke news in 2024.
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January 24, 2023, 04:42:54 PM
 #77

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
A recent pump in Bitcoin regain market momentum. Today's cryptocurrency market cap was $1.09 Trillion which was below $1 Trillion just a few days ago. There are various discussions around the world about the price of Bitcoin. When FTX went bankrupt a few days ago, investors panicked and many thought that Bitcoin could go down to $14000 or even more. But the real picture was that Bitcoin came to $16000 and never went down and started to come back to previous levels with a pump in the last week. Although this pump may be described as a small one but it may not be. It can be a pump for the beginning of a bull market. Bitcoin's history is known to all so going down is nothing unusual. But expecting $10000 would not be too logical. Since Bitcoin was bearish for a long time.

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January 24, 2023, 05:57:06 PM
 #78

The chances were very low for the price to reach down to$15k. Once there were more possible chances as the price of bitcoin is found around $17k. The price got pushed and it went $23k+ which is a good bounce in the market. Based on this market move the chances for$12k and $10 k is low, even though the price pump is mentioned to be temporary.

Actually, it is possible that bitcoin can go down to a price of $ 10k, it will happen even worse if something bad and big happens to the world economy, a big example might be a war that hampers the rotation of the world economy and makes investors withdraw their money from bitcoin.
Yes, even though it is unlikely, but who will be able to predict correctly? people will always predict the movement of bitcoin with reasoning.
But I believe that bitcoin will not touch $10K if nothing bad happens.


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

Source: trust me bro

50,000 and 1,000,000

FTFY Thrust me bro...  Tongue
I'm almost driven crazy by you guys Undecided

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January 24, 2023, 09:03:47 PM
 #79

No one can predict this market, I used to believe this is possible some years ago and I tried to stay ahead of the game but I flunked, the best lesson I've learned is never to rely on those stupid YouTubers that claimed they know where this market is heading, it's all garbage. Gather some USDT or your favorite stable coins and start buying dips when there is big bad news affecting the market and make sure you don't run out of stable coins until the Next Bitcoin halving is near.
Basically they are influencers who just do some speculation just like us and they don't really need to be trusted because regardless of anything believing in some influencers like this is stupid.
They say that it is likely to happen, which means that there are only two answers when they say it is likely to happen or not, and now it is not proven, they cannot be blamed because it is speculation.
In fact, we should find out for ourselves whether what other people are saying is true or not because here we cannot stand idly by with other people.

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January 24, 2023, 10:28:42 PM
Last edit: January 24, 2023, 10:43:03 PM by suzanne5223
 #80

No one can predict this market, I used to believe this is possible some years ago and I tried to stay ahead of the game but I flunked, the best lesson I've learned is never to rely on those stupid YouTubers that claimed they know where this market is heading, it's all garbage. Gather some USDT or your favorite stable coins and start buying dips when there is big bad news affecting the market and make sure you don't run out of stable coins until the Next Bitcoin halving is near.
Basically they are influencers who just do some speculation just like us and they don't really need to be trusted because regardless of anything believing in some influencers like this is stupid.
They say that it is likely to happen, which means that there are only two answers when they say it is likely to happen or not, and now it is not proven, they cannot be blamed because it is speculation.
In fact, we should find out for ourselves whether what other people are saying is true or not because here we cannot stand idly by with other people.
No cryptocurrency investors should believe in the Youtuber or the influencer on Twitter because most of them were never patriots of the market all they want to do is to get their needed targetted views, likes, etc. And they will always do whatever it takes to achieve it.
Having said that, I don't the idea of gathering capital goods in this market either because we may not see the previous market bottom price and the best thing to do is DCA.

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