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Author Topic: will bitcoin go back to 19000  (Read 853 times)
Davian144
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February 14, 2023, 01:49:38 PM
 #61

Don't be afraid if one day the price returns to $ 19k, prepare money to buy and hold for at least 2 years so I'm sure you can profit at least 100%, especially in 2024 there will be a halving day which will make mining even more difficult and of course make demand more big, as investors of course we should be able to take lessons if the price returns to $ 19k.
I don't think this has anything to do with whether or not everyone is scared to see Bitcoin price at $19K again (should there be another price drop). But what surprised me and maybe weird is how can you be sure and know that those who buy Bitcoin at $19K will make 100% profit in two years? Meanwhile, this is related to the future of everyone, which is clearly very difficult to know. Well, if you can already know such things, maybe you are the first to run it and also get rich quicker because you can predict the future with a duration of two years Cheesy

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February 14, 2023, 01:57:22 PM
 #62

This week the price has dropped more than 5%, and is getting closer to $ 20k, even though we hope it doesn't fall again but as investors of course we understand the current situation, bitcoin movements are indeed unpredictable and often unpredictable, and this is what makes us must always be vigilant and realistic.


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February 14, 2023, 02:22:16 PM
 #63

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

First of all, we don't know why the value of bitcoin is decreasing in the market, it could be because of the US's restrictions on staking in various coins related to crypto or others.

     But such events are normal because Bitcoin is indeed volatile, and it is also unpredictable in the market. And I know that others are
worried or others are happy because they can pay back in bitcoin, and that's the only scenario that can be seen and then of course it won't go straight.



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February 14, 2023, 02:42:28 PM
 #64

This week the price has dropped more than 5%, and is getting closer to $ 20k, even though we hope it doesn't fall again but as investors of course we understand the current situation, bitcoin movements are indeed unpredictable and often unpredictable, and this is what makes us must always be vigilant and realistic.
Yes, but the current bitcoin price can still survive to remain at this price even though there is still a possibility that the price will immediately drop. But hopefully that doesn't happen and the price can still hold on and will even start to increase this week.

We can only survive the ups and downs that will occur later by being alert and prepared for all the possibilities. Even so, we can still predict where the bitcoin price will move.



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February 14, 2023, 02:53:52 PM
 #65

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?

Correction could occur to the price of bitcoin, but we cannot know the exact effect, what actually happened that caused the market to return to running on a slowly declining chart. it cannot be accurately predicted that the correction will decrease to $19k or below and vice versa, maybe I expect the correction to occur will remain at the $20k line, however this is not an accurate prediction because the market has its own lines, in our sense wouldn't really know exactly, in the market a lot of things could happen.

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February 14, 2023, 10:23:17 PM
 #66

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?
Bitcoin price can not be predicted, and i believe that it do fluctuates which to can fall now and later increase in any point in time, so i believe that Bitcoin can even fall more than your expectations because nobody knows exactly when the bullish market actually come to stay. So Bitcoin can come up today with green colors because the market don't be controlled by anyone.



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February 15, 2023, 04:12:56 AM
 #67

Bitcoin which is increasingly popular is now being used for daily trading, those who have profit of 5% or more then sell immediately making it difficult for the price to go up, but the good side is that the price will not drop too deep because traders also immediately buy again thus making the price rise , I believe future prices will be more and more difficult to predict.



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February 15, 2023, 04:59:44 PM
 #68

Bitcoin which is increasingly popular is now being used for daily trading, those who have profit of 5% or more then sell immediately making it difficult for the price to go up, but the good side is that the price will not drop too deep because traders also immediately buy again thus making the price rise , I believe future prices will be more and more difficult to predict.

We can't remove the fact that there are many short-term traders who really doing this kind of quick benefits, people who are good in picking assets that will help them to gain decent amount for their trades, they use Bitcoin as instrument andlike how you assess, they are good with 5-10% then will try to wait again when the price dump down.

It's not easy to predict whether there's a force that will bring the value back to $19k level, but if that still happen then there are also traders that will take that and will hold till the price bounce up again.

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February 15, 2023, 11:34:35 PM
 #69

Nobody can predict with certainty whether or not bitcoin will go back to its previous price of $19k. Any price I come across, whether it is $19k or more, is a good price for me
The cryptocurrency market is highly unpredictable. The more the crypto market surprises you with its pricing the instant you think it is moving in a positive direction of a bull run not knowing that the present price is the correctional price of bitcoin

Since I am concentrating on dca, I have shifted my mind off the price of bitcoin after experiencing some disappointing bitcoin prices in the past. I'm not concerned about the price any longer since am having a long-term investment plan of bitcoin





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February 16, 2023, 01:55:47 AM
 #70

Bitcoin fluctuations will continue to occur, 7 years ago when the marketcap was still small many people said if the marketcap was more than $100 billion the price fluctuations would be smaller maybe below 3%, but when the marketcap was more than $700 billion the price fluctuations were still high, and if the price falls later again to $ 19k then this is normal, in fact many are waiting for the price to drop again to buy more.


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adzino
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February 16, 2023, 03:06:52 AM
 #71

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?
You are asking questions that no one can answer. But yes, it is possible for the price to go down to $19,000 USD. It is also possible for the price to go lower than that. And it is equally possible for the price to go above the price currently is. The market is very unpredictable and volatile. No one was ever able to 100% accurately predict the market. So don't make any investment based on these predictions. As long as you are able to invest money that you can afford to lose, then go ahead, or else you are better off investing in something that is less riskier and volatile.

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February 16, 2023, 08:51:06 AM
 #72

Bitcoin fluctuations will continue to occur, 7 years ago when the marketcap was still small many people said if the marketcap was more than $100 billion the price fluctuations would be smaller maybe below 3%, but when the marketcap was more than $700 billion the price fluctuations were still high, and if the price falls later again to $ 19k then this is normal, in fact many are waiting for the price to drop again to buy more.
Many people will wait for the price to return to $19k to buy bitcoin, but some just wait without making a bitcoin purchase. And the price of bitcoin will continue to fluctuate as it is now and will surprise us where we would not have expected it. For this increase, I think some people are not ready to see it because they think the price doesn't go up as high as $ 24k. But it turned out that it was able to break through $24k and now it is still at that price.

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TravelMug
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February 16, 2023, 09:32:25 AM
 #73

Bitcoin fluctuations will continue to occur, 7 years ago when the marketcap was still small many people said if the marketcap was more than $100 billion the price fluctuations would be smaller maybe below 3%, but when the marketcap was more than $700 billion the price fluctuations were still high, and if the price falls later again to $ 19k then this is normal, in fact many are waiting for the price to drop again to buy more.
Many people will wait for the price to return to $19k to buy bitcoin, but some just wait without making a bitcoin purchase. And the price of bitcoin will continue to fluctuate as it is now and will surprise us where we would not have expected it. For this increase, I think some people are not ready to see it because they think the price doesn't go up as high as $ 24k. But it turned out that it was able to break through $24k and now it is still at that price.

Yes, not just $19k but every time that bitcoin will go down hard, everyone will buy. Unfortunately, it might be a good strategy or bad, bad in a sense that if the price don't go down anymore, you will have missed a lot of weeks waiting. Others do DCA which is more me the more strategy and safe strategy.

Just like know, the price zooms to $24k and maybe we are going to hit $25k at the end of the month. So no more <below $20k price assumptions and so the opportunity has passed to buy cheap bitcoin again.

R


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ethereumhunter
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February 17, 2023, 06:42:08 AM
 #74

Bitcoin fluctuations will continue to occur, 7 years ago when the marketcap was still small many people said if the marketcap was more than $100 billion the price fluctuations would be smaller maybe below 3%, but when the marketcap was more than $700 billion the price fluctuations were still high, and if the price falls later again to $ 19k then this is normal, in fact many are waiting for the price to drop again to buy more.
Many people will wait for the price to return to $19k to buy bitcoin, but some just wait without making a bitcoin purchase. And the price of bitcoin will continue to fluctuate as it is now and will surprise us where we would not have expected it. For this increase, I think some people are not ready to see it because they think the price doesn't go up as high as $ 24k. But it turned out that it was able to break through $24k and now it is still at that price.

Yes, not just $19k but every time that bitcoin will go down hard, everyone will buy. Unfortunately, it might be a good strategy or bad, bad in a sense that if the price don't go down anymore, you will have missed a lot of weeks waiting. Others do DCA which is more me the more strategy and safe strategy.

Just like know, the price zooms to $24k and maybe we are going to hit $25k at the end of the month. So no more <below $20k price assumptions and so the opportunity has passed to buy cheap bitcoin again.
Yes, the bitcoin price has corrected again and this time, it is back at $23k, which is a good price to buy. This week I've done DCA but the price is decreasing for now, so I decided to buy a little more at the current price as I'm still waiting for another low (if it can happen later).

Hopefully, before the end of the month, the price can reach $25k so in the next month, we will see the trip price can increase to $30k. As long as our selling price target is above $100k, I think if the price is still below $60k, bitcoin is still worth buying while waiting for the price to go up.

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savetheFORUM
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February 17, 2023, 06:48:30 PM
 #75

You are asking questions that no one can answer. But yes, it is possible for the price to go down to $19,000 USD. It is also possible for the price to go lower than that. And it is equally possible for the price to go above the price currently is. The market is very unpredictable and volatile. No one was ever able to 100% accurately predict the market. So don't make any investment based on these predictions. As long as you are able to invest money that you can afford to lose, then go ahead, or else you are better off investing in something that is less riskier and volatile.
The "could it?" questions are always a bit harder to answer because at the end of the day nobody really knows. If we are talking about capability, it could be one dollar per bitcoin or one million per bitcoin, the capability is there for both of them but that is not the question because 19k is a specific number that is asked, meaning it must mean are we going there.

Looking at how it is doing fine right now, I have to say that it is looking good and I am pretty sure that it must be doing alright, I doubt that it would be anything more than that, I feel like the best thing to do at this point would be something a bit more like stop guessing and start accumulating.
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February 17, 2023, 07:41:53 PM
 #76

Many people will wait for the price to return to $19k to buy bitcoin, but some just wait without making a bitcoin purchase. And the price of bitcoin will continue to fluctuate as it is now and will surprise us where we would not have expected it. For this increase, I think some people are not ready to see it because they think the price doesn't go up as high as $ 24k. But it turned out that it was able to break through $24k and now it is still at that price.
Demand and supply will cause fluctuations, and it is clear that this is a condition that is always expected by any trader. I've always believed that prices can go down and up at any time even if it's influenced by a small issue, but when it's followed by an increase in demand or an increase in supply then of course a change in price can be expected.

I can honestly say that I no longer expect the price to drop back to $19K or lower, in fact I would really like to look forward to some strong bullish once the market appears to be recovering. So even though a downturn may occur during 2023, but I hope my optimism becomes a reality in the end.

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February 17, 2023, 08:29:16 PM
 #77

Doesn't look likely at this point that Bitcoin will go back under $20k. It could happen of course, just doesn't look likely. The drop from $24k down to $21k a week ago on the news that SEC is going after crypto was probably the best chance for it to drop under $20k one last time and it didn't do it. And then even US inflation numbers weren't great as inflation only dropped by 0.1% in January which might make people think the Fed will do a 50 point raise instead of 25 next month or perhaps keep raising rates by 25 points longer than expected, but that inflation news didn't drop Bitcoin at all. Instead Bitcoin sprung back up from $21k to $24k again the past couple days.

I think it would take a really major piece of news scaring off investors temporarily to drop Bitcoin under $20k for even a brief amount of time now.

Bitcoin hasn't broken out of the bottom of the bear market yet, but the $25k region is where the top of the bottom range has been so likely if it breaks out to $26k that'll signal the end of the bear market and it could shoot up to $30k rather quickly. Bitcoin is definitely trying to push over $25k right now, though it could take anywhere from hours to days to weeks or even a couple months to break resistance and end the bear market. It might go back to low-$20k's for a while if it ends up now breaking out until later in the Spring. But under $20k, while possible, seems pretty tough at this point as the market momentum is clearly on the side of trying to push it up into the $25k resistance.

Thinking about where it could go in the near future and during this market cycle:
It feels like it is going to break resistance soon, and the bear market will end before the end of this month. Maybe it shoots up to $30k in the next couple weeks, but then maybe SEC going after crypto and the Fed continuing to raise rates will keep Bitcoin in the high $20k's to low $30k's for a few months before it can sustain solid price appreciation later in the year. In 2019 it shot from $4200 to $5000 in just like an hour after breaking out of the bottom of the bear market, and hit $13k within two months, but then was way overbought so it gradually went down for 6 months before starting to move up again (but then the covid-crash put a pause on that for a couple months). I think regulation concerns and macro outlook will keep BTC price a bit more grounded this time around when it breaks out of the bottom so we won't maybe won't get that huge over-buyup following breaking out. I'd love to just see a price hovering around $30k this Spring, and then second half of the year climbing over $40k, to set it up to break to new ATHs a few months after the halving, and hopefully in late 2024 and 2025 we get a strong sustained bull run unlike the double top Elon/China motivated mid-summer crash we saw in 2021. Last bull run was pretty small, only 3.5x previous ATH, hopefully it'll do about that size again ($200k - $250k), despite market being that much bigger and therefore harder to move, if there is no big bull run momentum killer like in 2021. Anyway, sorry I just rambled and got way tangent of this thread lol
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February 17, 2023, 09:33:59 PM
 #78

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?
We have no hold on it, whether it drops or it stays above $20k, nothing we can do for it but to accept that this is really how the market works. However, with the current market situation, I couldn't think for now that it drops to $19,000 unless the momentum will change because for me, it was just a common price correction and it drops when huge selling has done. I don't look at the 6% drop in a day or two but I look at the weekly performance which is still doing well.
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February 17, 2023, 11:53:31 PM
 #79

Quite a deep pullback today, I thought we might be heading for the 21k area  if it continued.  Its caught onto the 2 day average and is recovering back above levels previously lost.  I could be wrong in attributing too much importance to this level but 24.3k is a repeating Fibonacci level that could help us climb higher if held as support.  The push down below this in its attempt did not last more then half a day or so, we're back above.  Building here could be really positive for a higher target rather then this idea of a full reversion to 19k or similar levels.
  The last hourly candle was a good one, a pin shape; all these judgements dont have to matter an hour of trading isnt alone a signal but its developing well and I hope daily and weekly bars confirm us properly towards more gains.

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February 17, 2023, 11:57:19 PM
 #80

right now I see the price of bitcoin on an exchange which is 21750, and has decreased by approximately 6% and I want to ask everyone,
is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

and also I want to know what caused the bitcoin price to drop drastically?
We have no hold on it, whether it drops or it stays above $20k, nothing we can do for it but to accept that this is really how the market works. However, with the current market situation, I couldn't think for now that it drops to $19,000 unless the momentum will change because for me, it was just a common price correction and it drops when huge selling has done. I don't look at the 6% drop in a day or two but I look at the weekly performance which is still doing well.
The market is moving towards a bullish although yesterday the price dipped heavily in the $21k support area but the current price has reached $25k for the day, so the market can be expected to aim for a higher price recovery going forward and the prediction is the end of the month to close the price by $30k or higher. We are expecting high prices in March to support reaching new milestones this year.

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