will bitcoin go back to 19000

[Fredomago]

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.

That's another big factor, when manipulation take place and most of those who fear with what the market is bringing them will join the ride of dumping what they are holding, the chance to see the market to fall and reach back this low is really possible.

Take a deeper research before doing your trade if ever another big fall happen, be ready as everything is really unpredictable with a volatile market like crypto market.

[Pejoh Asu]

This week the price dropped by more than 4% and if we pay attention to trends on many social media always saying cryptocrash, of course this is a natural thing because many users sell because they need money or get profit when buying at low prices, bitcoin always fluctuates and can fall at any time, even many analysts believe that the increase that occurred at the beginning of the year is a trap because the price will drop even deeper.

[bounceback]

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

[Semar Mesem]

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Sometimes people who plan to buy bitcoin at a low price will never buy it, when the price drops they don't buy but are afraid because the price will continue to fall, and wait again at a lower price, as investors we should change this mindset, I agree that the best thing is to buy within the capabilities of the dips and never wait for the price to $ 19k, because sometimes the market can skyrocket in a short time

[fzkto]

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Investors await accurate information on bitcoin payouts following the collapse of Mt Gox. The start of this period is so far scheduled for March this year. It seems to me that because of these events we will not see more growth in the nearest future, because with 144k bitcoins sold, not all at once, but in parts, the sellers' pressure will increase. You can compare it as if miners will start selling twice as many bitcoins for a while.

[Pejoh Asu]

This week the price has fallen more than 5% and last week it also fell more than 3%, of course we are worried that if bitcoin returns to the $19k level, many analysts believe that if the price drops below $20k again it will take longer to recovering, at the beginning of last year, of course, many were optimistic that the price would go towards recovery because it had risen by more than 40%.

[GreenStox]

I estimate that it is likely to happen but we don't know how much it will drop it could be lower than 19000 or not at all but if you look at the current conditions it is likely to be lower than 19000,and for this year i am not sure if bitcoin will reach 30000.

[Tellek Garing]

I estimate that it is likely to happen but we don't know how much it will drop it could be lower than 19000 or not at all but if you look at the current conditions it is likely to be lower than 19000,and for this year i am not sure if bitcoin will reach 30000.

I anticipate that Bitcoin will exceed the $30,000 mark at some point during this year, however, I am unable to predict the precise timing. The rapid recovery witnessed since last month serves as an indication that Bitcoin is likely to perform better this year, in a similar manner to its performance in 2020 and 2015. It appears we are heading towards another 4-year period during which we will witness another bull run.

[Fredomago]

is it possible that bitcoin will return to the price of 19000? or after this decline bitcoin will go back up higher ,,,?

It is very possible to happen if there is a simultaneous sale by investors of bitcoin because when a simultaneous sale occurs, of course everyone in the market will panic, causing the price of bitcoin to drop significantly, but I will not say when this will happen because we never know exactly where the market will move next, my advice is that instead of waiting for the bitcoin price to drop to the $ 19k level, you should just take advantage of every decline that occurs as it is now, even though the price has not fallen to the bottom price as you expect, so you don't miss the momentum to buy at a price discount.

Investors await accurate information on bitcoin payouts following the collapse of Mt Gox. The start of this period is so far scheduled for March this year. It seems to me that because of these events we will not see more growth in the nearest future, because with 144k bitcoins sold, not all at once, but in parts, the sellers' pressure will increase. You can compare it as if miners will start selling twice as many bitcoins for a while.

That event affects the current growth of Bitcoin this year. We all know that investors and traders always follow what the current events are showing inside the market. With fears and with cutting possible losses, we might see some unusual market. We need to work with our knowledge here, as we might be affected by fear and we may collapse together with the market.

Keep in mind that if you are already inside and if you have current holdings, better to stay long and wait even if the market reach that value, you should not be affected to avoid losing your investment.

If you have spare money, that value is also a good buying position if you aim to hold long.

[Fakhrulenclix]

This week the price has fallen more than 5% and last week it also fell more than 3%, of course we are worried that if bitcoin returns to the $19k level, many analysts believe that if the price drops below $20k again it will take longer to recovering, at the beginning of last year, of course, many were optimistic that the price would go towards recovery because it had risen by more than 40%.

since the beginning of 2023, only in the last 2 weeks the price of Bitcoi has continued to decline and that is all outside of the predictions of many people who expect the price of Bitcoin to stabilize and grow slowly.
however after having had these 2 bad weeks I have so much fear that I think Bitcoin will be difficult to recover and the possibility of bitcoin returning to the price of $ 19k is quite possible.

[bestcoins1]

This week the price has fallen more than 5% and last week it also fell more than 3%, of course we are worried that if bitcoin returns to the $19k level, many analysts believe that if the price drops below $20k again it will take longer to recovering, at the beginning of last year, of course, many were optimistic that the price would go towards recovery because it had risen by more than 40%.

If you say early last year, it means the beginning of 2022 not the beginning of 2023. And as everyone has seen that at the beginning of last year i.e. 2022, Bitcoin was also on the decline at that time. But if you mean earlier this year, then it's just a modest price recovery that's not that much compared to the price drops that have occurred in 2022. So what you're saying is that it's not a great recovery in Bitcoin because Bitcoin price corrections are still frequent happened earlier this year.

since the beginning of 2023, only in the last 2 weeks the price of Bitcoi has continued to decline and that is all outside of the predictions of many people who expect the price of Bitcoin to stabilize and grow slowly.
however after having had these 2 bad weeks I have so much fear that I think Bitcoin will be difficult to recover and the possibility of bitcoin returning to the price of $ 19k is quite possible.

Indeed, it is still very possible to happen to Bitcoin. But if you look at how Bitcoin's price has stayed at around $22K or less than $22K as it is now, it looks like a better price increase than earlier this year is also very likely. So you don't need to be afraid of the conditions experienced by Bitcoin as it is now because price improvements will always come again to Bitcoin this year.

[bettercrypto]

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?

With the current value of bitcoin at 19890$, we are not sure if fud are going on about bitcoin or if there is something else related to cryptocurrency why the price of bitcoin has been dumped in the market.

We also don't know if, in the next few days, it will continue to fall until it reaches its bottom line price. That's why I think it's time to buy now and then hold, that's just the concept of buying here in the crypto world, right?

[KingsDen]

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?

With the current value of bitcoin at 19890$, we are not sure if fud are going on about bitcoin or if there is something else related to cryptocurrency why the price of bitcoin has been dumped in the market.

We also don't know if, in the next few days, it will continue to fall until it reaches its bottom line price. That's why I think it's time to buy now and then hold, that's just the concept of buying here in the crypto world, right?

If you study the movement of Bitcoin very, well, you will understand one thing about bitcoin and that has been my bold statement about Bitcoin.
The statement is that within a permissible range or duration, anything is possible in the Bitcoin price going bullish or bearish.
When this topic was created asking if bitcoin can go as low as 19,000 dollars, some people didn't believe it will happen. But today bitcoin is within the range of 19,000 dollars.
What this means according to my above statement.  At 19k, 15 low and 25k higher is permissible and bitcoin can move in any of these directions.

[speedy963]

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?

With the current value of bitcoin at 19890$, we are not sure if fud are going on about bitcoin or if there is something else related to cryptocurrency why the price of bitcoin has been dumped in the market.

We also don't know if, in the next few days, it will continue to fall until it reaches its bottom line price. That's why I think it's time to buy now and then hold, that's just the concept of buying here in the crypto world, right?

If you study the movement of Bitcoin very, well, you will understand one thing about bitcoin and that has been my bold statement about Bitcoin.
The statement is that within a permissible range or duration, anything is possible in the Bitcoin price going bullish or bearish.
When this topic was created asking if bitcoin can go as low as 19,000 dollars, some people didn't believe it will happen. But today bitcoin is within the range of 19,000 dollars.
What this means according to my above statement.  At 19k, 15 low and 25k higher is permissible and bitcoin can move in any of these directions.

It was always like this ever since the beginning of bitcoin. While some are already anticipating that bitcoin will go down the drain, after a few years it went up like crazy, so it's safe to assume that bitcoin will rise, not now but maybe in the near future.

Those who keep blabbing about how long will it take for bitcoin to rise are the people who have less patience and want it to rise as soon as possible. Keep in mind that you're not the only one in the market trading and dictating the price, if you are disappointed then better leave and do something. Again and again "the people are the market".

[Tony116]

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?

With the current value of bitcoin at 19890$, we are not sure if fud are going on about bitcoin or if there is something else related to cryptocurrency why the price of bitcoin has been dumped in the market.

We also don't know if, in the next few days, it will continue to fall until it reaches its bottom line price. That's why I think it's time to buy now and then hold, that's just the concept of buying here in the crypto world, right?

Did you miss the recent fuds? There are many fuds, such as the Silvergate case, and the US government's tax increase on cryptocurrencies... a lot of negative news came, so the sudden drop in bitcoin price is understandable.

But it is difficult to predict whether bitcoin will continue to fall more and break the old bottom in the coming days. But for long-term holders and DCAing from 2022 to the present, this is a golden opportunity to own bitcoin cheaply. Falling bitcoin prices are sometimes not so bad for many people.

[ShowOff]

But it is difficult to predict whether bitcoin will continue to fall more and break the old bottom in the coming days. But for long-term holders and DCAing from 2022 to the present, this is a golden opportunity to own bitcoin cheaply. Falling bitcoin prices are sometimes not so bad for many people.

There are always people who wish the price of bitcoin to go lower throughout the year so they can buy more for their long term goals. Experienced investors know enough to take advantage of a down cycle as they are now, they don't panic and tend to collect bitcoins instead of the other way around. Bear markets are exploited by people who know how bitcoin cycles are made, while they will sell and get out because of their tendencies who don't understand how potential it is.

There are a few threads one can find on how to form a long term mindset on bitcoin. One of which is: Buy the DIP, and HODL

[Beparanf]

Did you miss the recent fuds? There are many fuds, such as the Silvergate case, and the US government's tax increase on cryptocurrencies... a lot of negative news came, so the sudden drop in bitcoin price is understandable.

But it is difficult to predict whether bitcoin will continue to fall more and break the old bottom in the coming days. But for long-term holders and DCAing from 2022 to the present, this is a golden opportunity to own bitcoin cheaply. Falling bitcoin prices are sometimes not so bad for many people.

These are not FUD because it’s true. There’s a real implication on the market with the Silvergate crash because it funds crypto project especially DeFi while there collapse will surely create a chain effect like FTX all over again.

You can assume that company can liquidate their crypto asset anytime that will affect the current market price. This is a regular bad news that needs to be absorbed. They are the one who contributed on the recent market pump so this is just a normal process of exchanging hands of crypto asset. I’m sure new player will buy this dip.

[STT]

Right now price is trading at the 200 day average which is not especially positive or negative in its movements, this is some guide long term and its possible for price to turn around before it reaches 19k.   The problem at present might be banks have sold off which puts more stress on finance then the rest of the market and I suppose that has to include crypto and BTC despite being especially distinct from FIAT operations.
Jan 12th area was most recently 19k and further back its reasonable a foot hold is found here but with weekend approaching this might not be clearly established until next week.

[buwaytress]

Right now price is trading at the 200 day average which is not especially in its movements, this is some guide long term and its possible for price to turn around before it reaches 19k.   The problem at present might be banks have sold off which puts more stress on finance then the rest of the market and I suppose that has to include crypto and BTC despite being especially distinct from FIAT operations.
Jan 12th area was most recently 19k and further back its reasonable a foot hold is found here but with weekend approaching this might not be clearly established until next week.

So yeah, clear as mud. Honestly didn't see it coming. Even with Powell's weird messaging on interest rate hikes, markets didn't immediately respond -- guess it took a while to sink it. Dollar's once more rising against euro and other currencies, and as expected Bitcoin's following suit.

So I think that's the cue for the next year or so. Dollar strength, and all reliant on what the Fed does.

[fzkto]

Right now price is trading at the 200 day average which is not especially in its movements, this is some guide long term and its possible for price to turn around before it reaches 19k.   The problem at present might be banks have sold off which puts more stress on finance then the rest of the market and I suppose that has to include crypto and BTC despite being especially distinct from FIAT operations.
Jan 12th area was most recently 19k and further back its reasonable a foot hold is found here but with weekend approaching this might not be clearly established until next week.

But it's still not clear why everyone said bitcoin had to reach 25k first and then 30k. And now that bitcoin is at 19k again, everyone is silent. We don't know the real reasons for the fall so far, so we don't know how much longer the fall will continue. In fact, historically, this is the first time bitcoin has traded below 200 MA for such a long time.