Bitcoin is not going to $12k.

[flyingcarpet]

Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.

And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.

There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.

The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.

[1714615740]

1714615740

[Oilacris]

Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.

And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.

There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.

The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.

There's no such thing about being impossible here on crypto space knowing that price could shoot up or dump down basing up on market sentiment whether it would be positive or negative.What really boggles for sometime is that there are really moments which the price could move without having that signals or whatever events that happen in the market which it could really tell you that it is really that totally unpredictable which making or drawing up some conclusions is never been that ideal and you should not make yourself that confident about impossible things because we dont know if one snap then the market would really be having some crash. Im aint saying that $12k would be possible but as long we arent that too far off with this price then anything could really happen
but it seems that the price is really that holding well plus having that upcoming halving event then i cant blame out people on not to really believe about this stuff but rather we might be seeing
the opposite thing instead.

[DVlog]

Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.

And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.

There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.

The market will continue this way. I don't think there is currently an indicator that can predict the direction of Bitcoin, which has been stuck between certain prices for a long time.

If you understand the price action of the market, then you won't need an indicator. Just find the support and resistance levels and find out how strong they are. You can determine that by seeing how many times the bitcoin price has defended a support or resistance and what the lower and higher lows were every time. The more the bitcoin price defends a level that indicates strong buying or selling pressure at that level.

[AmoreJaz]

Sadly the market now is not the market back in 15-16. The price is manipulated my cex and dexes. If there is liquidity in 12K and even under 10K. We can easily see under 10K in a Recession. Nothing is guaranteed in this market but the long run. We all believe the same thing in the long run however I expect an ice age which throws us under 10K for quite a time. No market repeats itself especially such a new market as Crypto.

However this is just my 2 cents; you never know what will happen next, we can only speculate.

With respect.

Tetaeridanus.

absolutely! we can only speculate on this market. but we can always have our own predictions based on various factors such as adoption, upcoming events, stakeholders and so on. with such, it is up to you how you will react on this market. if you feel we are heading in the positive direction, why not invest some while the price is below 30k? but that's all on you.

[popcorngolf]

It is impossible to determine the exact bottom  , even if prices was 12k some people will create another bottom of fear and doubt always without any stop , buying and investing for long term is the solution

[dansus021]

Just share thought the last bottom would be 25K to 20K on the technical side huge support there and there are probably a dozen tons of people waiting in that line with a thin order book.

Tho in fundamental analysis, you already say a lot of it.

Bitcoin is not Going to $12k 🚨

Here is why :

- 93% of all Bitcoin has now been mined.
- World's largest asset manager Blackrock files for Bitcoin spot ETF
- Mysterious wallet accumulated $3 Billion worth $BTC In just 3 months
- Europe gets its first Spot Bitcoin  ETF
- Only 6.3% Of Total Bitcoin Supply Left On Exchanges
- Bitcoin Halving in just 8 months
- Bitcoin supply shock inevitable

This could be the Final Shakeout/Manupulation before the real Bull Run begins. Next 2-3 months are going to be Important!

Don't miss the second chance. Act smart

[Pierre 2]

Couple of months ago I believed Bitcoin could hit somewhere around 10k dollars so I told myself to wait some more months and even years to experience it. I was planning to maximize my gains.. But I was proven wrong for sure. I quickly realized people who are saying Bitcoin can hit under 10-15k are too naive. In totally normal circumstances Bitcoin will have so much demand at those points it will quickly go above 20k maybe even 25k.

[GigaBit]

Bitcoin's value will not go down so much bitcoin's price fluctuations have the impact of negative news circulated. When the negative news was released many investors hurriedly sold their bitcoin it reduces the price again the positive news is revealed. Bitcoin is the largest cryptocurrency in the world by market value in the present, the price has dropped drastically, but the price of the sky can reach the price of bitcoin millions of dollars. Investors may be widely attracted to cryptocurrency due to crisis in various banking sectors producers may also be encouraged to increase storing for global supply.

And maybe it's already price-in, that's why when we heard negative news, it's not a big deal for Bitcoin right now.
Investors though are looking at the long term, specially that block halving is just around the corner.
Even if there is a negative news, the market are bouncing back because investors are buying at a rate.
The only thing that I can see that the price going down very hard like last year, is that if we have what we call a black swan event.
Like big exchanges closing it's door, but I doubt that we will see something like FTX collapse this year.
Everything has settled down a bit and just waiting for next year's halving.

There is always negative news in crypto. It will continue to happen from now on. There are many people who sold their Bitcoins as a result of this negative news. Contrary to these people, there are many people who trust Bitcoin and believe that it will reach the price they target, despite the negative news. There will always be these two different people in the market. I think this diversity makes the market beautiful.

We all wait for bull market but there are some investors who also wait for bear market. Bull and bear markets act as complements to each other. The market is bullish because there is bear. So excluding one we cannot expect the other. There is always some negative news in the market and those who have acquired a good knowledge of Bitcoin can adapt themselves to any condition of Bitcoin. But new investors can't hold their emotions because of the little negative news about Bitcoin. As a result, any negative news they sell their assets. Some investors wait for that opportunity and collect bitcoins. A Bitcoin investor must try to hold bitcoin as much as possible before investing. And it is important for him to gain knowledge or else he will lose.

[n0ne]

Couple of months ago I believed Bitcoin could hit somewhere around 10k dollars so I told myself to wait some more months and even years to experience it. I was planning to maximize my gains.. But I was proven wrong for sure. I quickly realized people who are saying Bitcoin can hit under 10-15k are too naive. In totally normal circumstances Bitcoin will have so much demand at those points it will quickly go above 20k maybe even 25k.

This is the prediction from majority of the bitcoin hodlers. When the price kept falling all of the sudden from the range of around $23k. During the start of the year 2023 the price of bitcoin was around $16700. Over time they safe guarded themselves as the price didn't move downwards. There is good recovery as the market bounced to cross $20k on the same day. During the start of the year $10k - $12k is the prediction and everything happened in a better way than predicted.

[rojan]

We all wait for bull market but there are some investors who also wait for bear market. Bull and bear markets act as complements to each other. The market is bullish because there is bear. So excluding one we cannot expect the other. There is always some negative news in the market and those who have acquired a good knowledge of Bitcoin can adapt themselves to any condition of Bitcoin. But new investors can't hold their emotions because of the little negative news about Bitcoin. As a result, any negative news they sell their assets. Some investors wait for that opportunity and collect bitcoins. A Bitcoin investor must try to hold bitcoin as much as possible before investing. And it is important for him to gain knowledge or else he will lose.

Investors invest all the time waiting to make money. But some new investors always put their money in big risk for small mistakes. If we can invest right when the Bitcoin market is dumping.  It will help us a lot to make money. But if the market of Bitcoin is dumping, then if we get frustrated and sell the invested money, it will be a big wrong decision for us. Therefore, we should always invest with good knowledge about Bitcoin. If No so we can get into big trouble sometime.