Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Bobcrypto on July 07, 2022, 01:02:19 PM
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
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Basically, n one will exactly know the bottom real of Bitcoin. Because this is like price prediction. Someone may be true in production and others may be false. But at least, they have their reasons and based on indicator analysis. But commonly they will be nearby the bottom exactlyat that time. For me, there is no matter about the difference, it can be ater of consideration
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As far as I know, I don't suppose anybody knows the exact bottom price for Bitcoin cos if this was possible even amongst all these Crypto analysts I don't think they will say ;D people are selfish however, I think it is possible that the Bitcoin price to drop further down or not but I truly don't worry much cos I am much of a long-time investor even though I think Bitcoin is already within the bottom zone.
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A trader should be used to seeing the current market conditions, because as we know that in the past few years this situation has happened, but then the market has gradually improved. In my view, if you are a trade, be smart in looking at the situation, if it is not possible for now or your mental condition is not good. So it's best to take a break for a while to enjoy activities in the real world and when you feel calm and confident then start over again. most importantly a trader as much as possible always take advantage of the conditions. Unless the story is for the long term (holding), then I think this is a good time to buy gradually.
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Many people are waiting for signals from Pi Cycle Bottom to be able to make investment decisions to accumulate BTC for bullrun 2024. I believe DCA is a better tactic for investors' accounts and psychology.
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It's really hard to predict
with some macro indicators coming soon
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the more predictions the more confusing the mind, in this case if the prediction is wrong it will definitely cause resentment and regret. to reduce regret, we should also have a picture of the future without relying on people's predictions even if they are famous people. especially as we know the market is currently very unfriendly
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Honestly, nobody may know the exact bottom because this price is actually still unpredictable enough. They may be predicting the bottom, but if that is true or not be sure because that is only a prediction based on a certain analysis. However, sometimes, they are closed to the prediction
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Honestly, nobody may know the exact bottom because this price is actually still unpredictable enough. They may be predicting the bottom, but if that is true or not be sure because that is only a prediction based on a certain analysis. However, sometimes, they are closed to the prediction
If someone wants to invest in bitcoin, it is unlikely that the price bottom of bitcoin should be expected to do so. It is very difficult to guess, and forecasts are only assumptions. Do not rely on them for your actions. It is better to invest in part if the price of bitcoin drops significantly, which can be a price bottom. If bitcoin has fallen in price even lower, you should again partially invest in it. So the risk will be minimized, although its purchase will not be at the lowest price.
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Tightening money supply, post pandemic inflation, and Russian war will push BTC price down in this bear market. It's so bad that below $10k is possible imo (disclaimer NFA). I'd wait till the global economy become healthy before putting my money in a risky investment. This year and probably until Q2 next year will be bad for the economy, for any market, including crypto market.
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Yeah, war between Russia and Ukraine war will definitely cause a bigger challenges especially on institutional investors ready to invest. A war ravaged economy plus high inflations will drag every thing down, like Stock, commodities, FX, and crypto etc
I think that Bitcoin bottoming is a factor that has been pushing price movements on a continued bearish trends.
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Lots people on the fence including me
whether BTC will slip back into range or push closer to higher-timeframe resistance levels
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
Maybe bitcoin will down until 15K USD, but we didn't know when it will happen.
Debate is good for gain knowledge and predict the bitcoin and altcoin price.
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Many people are waiting for signals from Pi Cycle Bottom to be able to make investment decisions to accumulate BTC for bullrun 2024. I believe DCA is a better tactic for investors' accounts and psychology.
I also agree here because, If you are a day trader then, that person should understand how to take advantage of the daily market swings and probably not worry much about where the final bottom is however if you intend on a long-term investment that I have always supported, DCA is a better option if you also think the market will continue to go down.
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No one can predict the bitcoin price accurately, I agree with this opinion.
Maybe The just predict about the bottom will touch 15K.or 18K USD, But It's just prediction
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
No need debates for this case.
I think bitcoin bottom will happen at this year, and maybe will touch below 10K USD.
But prediction can be wrong.
Let's see.
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I have been eyeing up the 9-12k mark for a long time, but already wishing I had done some DCA a couple of weeks ago the last bottom as we can never be sure with BTC
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It's hard to say anything about the bitcoin day right now, the market has started to recover and this year we will see the bottom of bitcoin if there is one. There is no need to rush with token sales.
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Everyone wants to bottom out Bitcoin because this is really hot. The Pi Cycle Bottom indicator has also given us a signal to buy BTC below $20K. I think that's already a good price for investors this crypto winter.
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
In the past few weeks, I noticed the movement of the Bitcoin price in the market is always playing between 20k$-24k$ plus, and last month if I'm not mistaken the lowest I saw was around 17k$ plus something. So, in short, it is quite difficult to predict when its price will continue to rise. So the only thing we can do right now is if we still want to make money, it's just day trading although it's also a big risk if we do it.
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It's hard to say anything about the bitcoin day right now, the market has started to recover and this year we will see the bottom of bitcoin if there is one. There is no need to rush with token sales.
I think 20K USD is bottom of bitcoin, Because bitcoin is going up and recovering again now.
Bitcoin is the biggest of crypto and as the pioneer I think many investors still hold it.
So, I don't think it will touch more 20K USD below
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
I think bitcoin bottom will reach 18K USD, I agree with this prediction.
I don't believe bitcoin will down more 15K USD.
Many investors still believe in bitcoin and hold it.
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It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.
We shouldn't debate about the bottom of bitcoin. Because we know It's unpredictable.
I think We should always follow and monitor the chart of the crypto market. I think 20K USD or below is the bottom of bitcoin at this year.
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I still think bitcoin will bottom in the $13000. Just an analysis and not financial advice. If you are interested in buying and investing, there is an excellent opportunity to accumulate now and hold long term. Crypto will always be used in the future and become a profitable asset
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I still think bitcoin will bottom in the $13000. Just an analysis and not financial advice. If you are interested in buying and investing, there is an excellent opportunity to accumulate now and hold long term. Crypto will always be used in the future and become a profitable asset
Hopefully your prediction will come true.
If bitcoin price will go down until 13K USD I will buy more and hold until 2025.
It's good way to do and gain the profit when bullish.
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I think we should have no debate about the bottom of bitcoin price .
Just wait and see.
At bearish bitcoin price will go down, maybe It will reach around 12 K USD.
But it's just prediction
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It is very difficult to make predictions about cryptocurrency. Because I tried to predict many times from previous crypto market history. But never guessed correctly. But I think this bear market will be different from previous ones and Bitcoin will not fall below $15000. So those who want to hold crypto long term should be careful and should enter the market knowing the opportunity.
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I truly believe we have had the bottom of crypto winter with BTC price at 17600 USD. Accumulation is taking place right now to get ready for a rally and growth for the next cycle in 2024. I am also DCA BTC weekly to buy a lot of BTC at the bottom.
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I truly believe we have had the bottom of crypto winter with BTC price at 17600 USD.
Many people assume the bottom is $17600 as you said, but I think there is still an opportunity that the price may drop again below $17600. It depends on the issues about crypto in Q3 and Q4 of this year. If there will be much positive news, we may see the prices of altcoins and Bitcoin to increase again. But if we see more negative issues, the price of BTC and altcoins probably to decrease again.