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Author Topic: will bitcoin go back to 19000  (Read 847 times)
OgNasty
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February 18, 2023, 06:33:16 PM
 #81

I think there’s a possibility we may never see $19K again. Sure, we’re still close enough to it that a piece of bad news can take us there, but I think the reason we got that low was due to FTX being run like a roulette wheel in a casino. That sort of collapse I don’t believe is in the cards again. I think we’re due for a recovery and once some choppiness liquidated enough people we’ll be headed up for another leg.

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February 18, 2023, 06:47:31 PM
 #82

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.

Nothing can be said with certainity until or unless we close the day over 25000$. Bitcoin needs to make a higher high which will be above 25000$ and then we can say that the market is going upwards from here and the trend is changing. I will only be confidence once I get the confirmation of bitcoin price over 25000$

Some people are saying that the prices may reach again to 18000$ or 17000$ which in my opinion seems very difficult and for that to happen we need some major big bad event in the market.

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February 18, 2023, 09:12:20 PM
 #83

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.
Well, it's a good thing that you already started to DCA, but as it looks like, I think we are going to see some more declines in the pipeline. It could easily touch $20k or maybe even lower, but hopefully it then recovers back from there and hit about $28k or possibly $30k.

If you have your target set at $100k, then I guess you got nothing to worry about and keep buying from every small drops adding a little every time. All that is important is to have diamond hands and not to sell before it's the right time. The best time to buy was probably when it was around $16k, if you used that opportunity, you should be good by now already.

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February 18, 2023, 09:47:21 PM
Last edit: February 18, 2023, 10:17:41 PM by erep
 #84

If you have your target set at $100k, then I guess you got nothing to worry about and keep buying from every small drops adding a little every time. All that is important is to have diamond hands and not to sell before it's the right time. The best time to buy was probably when it was around $16k, if you used that opportunity, you should be good by now already.
Price range below $25k may be relatively low price to increase bitcoin investment, so it's never too late even though bitcoin price has increased but price is still too low of $40k-$50k to probably reach in future, high price recovery signifies price bitcoin is going higher this whole year, i hope you don't miss the moment.

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February 19, 2023, 12:39:34 PM
 #85

I think there’s a possibility we may never see $19K again. Sure, we’re still close enough to it that a piece of bad news can take us there, but I think the reason we got that low was due to FTX being run like a roulette wheel in a casino. That sort of collapse I don’t believe is in the cards again. I think we’re due for a recovery and once some choppiness liquidated enough people we’ll be headed up for another leg.

Yup FTX was a trigger point for which the whole crypto marketplace collapsed and hence Bitcoins fell upto such a point. But if Bitcoin keeps this positive attitude for long, like it has shown since the beginning of February, then falling back to 20k usd will be really difficult. If Bitcoins keeps the same pace then definitely in the Mid of March we can expect a price segment of 32k to 38k for Bitcoins. Moreover at the same time the demand of the coins should also be maintained, as this will only lead to increase the price of the coin to maintain the demand. Also let’s not expect and more bad news from the crypto industry, then everything will be back to normal as assumed.

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February 19, 2023, 12:48:21 PM
 #86

Price range below $25k may be relatively low price to increase bitcoin investment, so it's never too late even though bitcoin price has increased but price is still too low of $40k-$50k to probably reach in future, high price recovery signifies price bitcoin is going higher this whole year, i hope you don't miss the moment.
I also think that the price range of $ 40K in this year is still very logical for Bitcoin to reach even though now the price is still under $ 25K. But with this time of year remaining and more than ten months, there will certainly be enough for Bitcoin to reach a price of $40K even though there will be another price correction later this year. Because a correction is always a natural thing to happen before a bigger increase occurs in Bitcoin in the market.

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February 23, 2023, 11:12:15 AM
 #87

Price range below $25k may be relatively low price to increase bitcoin investment, so it's never too late even though bitcoin price has increased but price is still too low of $40k-$50k to probably reach in future, high price recovery signifies price bitcoin is going higher this whole year, i hope you don't miss the moment.
I also think that the price range of $ 40K in this year is still very logical for Bitcoin to reach even though now the price is still under $ 25K. But with this time of year remaining and more than ten months, there will certainly be enough for Bitcoin to reach a price of $40K even though there will be another price correction later this year. Because a correction is always a natural thing to happen before a bigger increase occurs in Bitcoin in the market.

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.

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February 23, 2023, 11:50:45 AM
 #88

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.
I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

The price trend is currently sideways between $23K and $24K, but I hope interest will rise more in March and turn both price ranges into support. Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.

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February 23, 2023, 12:59:31 PM
 #89

Ups and downs are essential part of cryptocurrency market whenever market goes dump then it is not a sign of worries because sometimes lower price is beneficial for those individuals who are in desires of trading in crypto. 

The bitcoin does not goes down for the first time but in previous year there was a great dump in Bitcoin price and the year 2023 is that year in which bitcoin will go back to its higher cost. To get rid of market Fluctuations users have to look into the price determinate chart.

There is no guarantee and surety that will it again attain the price of 19000 or will go up because future is unpredictable for all individuals.

The bitcoin falls is due to market volatility and market Fluctuations so its not a new thing in cryptocurrency industry. But it is assumed by the expert of crypto industry that 2023 is the year for bitcoin recovery and enhancement of price will take place during this year.



 

 

 

 

 

 


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February 23, 2023, 04:11:20 PM
 #90

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.
I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

The price trend is currently sideways between $23K and $24K, but I hope interest will rise more in March and turn both price ranges into support. Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.
I think it has expectations for $30K in the first quarter and it's very possible to touch that because it's not that far from the current price so I think maybe it's possible to get to that level because the first quarter isn't over yet there's still hope.

Bitcoin has been in the sideways for quite a long time and there is still hope that it will go up, which will show again at the upper point, while to repeat to the lower price, usually there must be another major event that affects the market, so this might happen again at the lower price.

R


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February 23, 2023, 09:55:12 PM
 #91

I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.
$50k is possible to be reached in Q3-Q4 of this year, so why not?
But in the near future, it is surely a too-high target. I think in Q1 the price may pass $30k and it has the chance to reach $35k-$40k in Q2. It is my personal prediction if we consider the current trend in crypto market.

Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.
Just forget the possibility of returning to $19k, I also think it is very unlikely.
Since early 2023 (January), the price increased constantly and reached $25k a few days ago. This is a very positive sign that the price to continue to increase to the next target of $30k.  Wink


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February 25, 2023, 12:39:11 PM
 #92

Ups and downs are essential part of cryptocurrency market whenever market goes dump then it is not a sign of worries because sometimes lower price is beneficial for those individuals who are in desires of trading in crypto. 
Yup, there are traders who keeps sorting the market and they are not afraid in taking the risk when the is down, they are comfortable in buying and holding, believing that pump back will bring them huge benefits.

Quote
The bitcoin does not goes down for the first time but in previous year there was a great dump in Bitcoin price and the year 2023 is that year in which bitcoin will go back to its higher cost. To get rid of market Fluctuations users have to look into the price determinate chart.

That calls cycle and if you will trace back that's part of the market, just needed to work more with your knowldge to anticipate the right way.

Quote
There is no guarantee and surety that will it again attain the price of 19000 or will go up because future is unpredictable for all individuals.
No assurance when or if it will happen again, if does, you just need to be ready in buying more to make sure that you will benefits from that market run.

Quote
The bitcoin falls is due to market volatility and market Fluctuations so its not a new thing in cryptocurrency industry. But it is assumed by the expert of crypto industry that 2023 is the year for bitcoin recovery and enhancement of price will take place during this year.
Just an assumptions but even expert can't accurately predict they are just proving their opinions base from the past market run.


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February 25, 2023, 01:38:03 PM
 #93

Right now it appears BTC price action will pull back to the 50 day average or somewhere in that region.   22k is also the Feb low so far and just settling there would still be bullish bigger picture.  Probably the main deal for proper locomotion forwards and upwards is the strength expressed in the 200 day average, right now we are merely preventing it go downwards.  Its flattening out and possibly we can build from here, inertia requires consistent effort so a pullback can be ironic and positive for further gains imo.

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February 28, 2023, 05:33:30 AM
 #94

I think it has expectations for $30K in the first quarter and it's very possible to touch that because it's not that far from the current price so I think maybe it's possible to get to that level because the first quarter isn't over yet there's still hope.

Bitcoin has been in the sideways for quite a long time and there is still hope that it will go up, which will show again at the upper point, while to repeat to the lower price, usually there must be another major event that affects the market, so this might happen again at the lower price.
30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.
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March 01, 2023, 08:55:30 PM
 #95

30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.
I do not think that it is "difficult" to reach, I think it's just not trying to reach it at the moment. Do not imagine as if the market is always trying to go up and always trying to go down and whichever wins that is the direction we go to. Consider it more like the market does nothing most of the time, it's not trying to do anything, and when it wants to go to a direction it tries it and checks if the rest of the market agrees or not and then stops.

We tried to go to 30k before, or at least above 25k, and failed twice which is true, but at the same time that doesn't mean there won't be a third try, and it wouldn't be a success, that could very well happen anytime.
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March 01, 2023, 11:42:57 PM
 #96

30k seems difficult to reach at the moment, and this is not because we lack the time as we have more than one month to reach that goal and bitcoin has shown incredible movements in a time frame shorter than that, the problem is if there are enough people willing to buy bitcoin in order for such a strong positive trend to appear, and this is what is not as clear, as bitcoin is ranging between 23k and 25k and it seems it is going to remain between those levels for some time.
I do not think that it is "difficult" to reach, I think it's just not trying to reach it at the moment. Do not imagine as if the market is always trying to go up and always trying to go down and whichever wins that is the direction we go to. Consider it more like the market does nothing most of the time, it's not trying to do anything, and when it wants to go to a direction it tries it and checks if the rest of the market agrees or not and then stops.

We tried to go to 30k before, or at least above 25k, and failed twice which is true, but at the same time that doesn't mean there won't be a third try, and it wouldn't be a success, that could very well happen anytime.
We arent really that too far off, the important thing on here is that you should really have that prepared some funds if ever the market would really be having that crash or decline or something that do talks about cheaper price.Possibilities is always there since we cant really be that able to know on how the market would be have.There are lots of possible factors which would really affect out
the movement of overall market. This is why when you are an investor or trader then you should really know on when to get in and when to get out.
Sustain yourself and survive and that would be the main key.
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March 01, 2023, 11:53:12 PM
Last edit: June 11, 2023, 11:21:39 PM by STT
 #97

Never see 19k again, its only taken from 2017 till now to consider that in the past.  Amazing the breadth of movement that makes that true, 5 or so years of very wavy lines.  I hope thats correct but hard to say before looking at week or monthly bars perhaps and their trend.
  Today will have been a good day despite again being wavy, it just has to close above the rough line capping high and closing prices on the daily bars

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March 02, 2023, 05:42:50 AM
 #98

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.
I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.

I think that's the bullish predictions for this year, still though $50,000 might be exaggerated by some analyst, but who knows, this is just like 50% of our current price.

The price trend is currently sideways between $23K and $24K, but I hope interest will rise more in March and turn both price ranges into support. Meanwhile, I wouldn't consider that $19K repeatable, we're already above that for now.

I will remain bullish as well that this might we might go all out and reach $25,000 and maintain on that price. And if that happens, then it's good for all of us, overall the ecosystem is very much as bullish as we can be prior to the halving next year. We are still in the first quarter though so a lot of things can happen.

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March 03, 2023, 10:03:23 AM
 #99

Yeah, there are even predictions as high as $50,000 this year and it still makes sense. But to achieved it, there could be swing in prices first, getting to $35k then maybe a dip below and then shoot up.

So more likely the chances are high for Bitcoin to reach $30,000 or higher this year as compare to $20,000 or below.

Let's see, the month is about to end in a week and we could be in the $24,500 price range.
I'm not betting on high hopes about $50K this year, but at least $30K has high hopes to touch. This is not to say that I am not optimistic about the price of bitcoin, but the swings that occurred during the month of February have at least slightly wavered me in optimism.
I think that's the bullish predictions for this year, still though $50,000 might be exaggerated by some analyst, but who knows, this is just like 50% of our current price.
I think you meant 100% of our current price, we would be 50% of 50k right now. I agree that 100% is not impossible in the crypto world, we have seen things go up 10x in a year, going up 2x is nothing compared to that. And I do not mean small cap tokens neither, they can go up 100x or even more, I mean like bitcoin and ethereum and so forth has gone up 10x in a year before, and going up 2x in a year is absolutely nothing.

Having a fear that it will go back to 19k is normal, I understand the fear, but just because one person is fearing that could happen, doesn't mean that market agrees with that, look at how we keep trying to break the wall and go above 25k and you can see the optimism in the market.

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March 03, 2023, 10:33:56 AM
 #100

Never see 19k again, its only taken from 2017 till now to consider that in the past.  Amazing the breadth of movement that makes that true, 5 or so years of very wavy lines.  I hope thats correct but hard to say before looking at week or monthly bars perhaps and their trend.
  Today will have been a good day despite again being wavy, it just has to close above the rough line capping high and closing prices on the daily bars

Possible to happen since I think there's another news will be released on 10th of this month if I am not wrong about Mt.gox repayment to its platform users, so provably this one could affect the minds of people and possibly can create a dumping scenario since people think about negativity about it. Lets hope or see if this cannot affect the market since somehow some people use this to manipulate the minds of people who's easily get affected by   some news spread.

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