Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: marthapagehere on July 22, 2022, 02:15:10 PM
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
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It's common to have a short price jump or a rebound after a big correction, but as long as it doesn't break the resistance level multiple times, we are still in a bear market.
(https://i.postimg.cc/fbYMhPdQ/BTC-3-M-graph-coinmarketcap.jpg)
Based on the pattern above, if the price drops again in the next few days/weeks, it probably will go down below the last support level.
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I don't think that BTC will rise again...
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Still bitcoin not go to bottom am shoor that bitcoin will dump to 14k soon bad news in market still want to down bitcoin so be careful away from market wait for big dump am still waiting for it.
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Still bitcoin not go to bottom am shoor that bitcoin will dump to 14k soon bad news in market still want to down bitcoin so be careful away from market wait for big dump am still waiting for it.
at bearish season, anything can happen.
Bitcoin will go down and maybe your prediction is right. Bitcoin will touch 14K USD, I think It's good time to buy and hold until 2024 or maybe 2025.
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Still bitcoin not go to bottom am shoor that bitcoin will dump to 14k soon bad news in market still want to down bitcoin so be careful away from market wait for big dump am still waiting for it.
This bearish season is already in its ninth month and it is unlikely that such a significant drop in the price of bitcoin is possible after such a long period. Usually, a strong drop occurs in the first months, and then the low price only fluctuates a little, given the high volatility of the cryptocurrency. Therefore, bitcoin can still fall, but not to $14,000. Most likely, the current price with minor deviations will remain until the autumn, and then its significant growth is possible.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
(https://i.imgur.com/qfMg3o8.jpg)
All you need do is look at this chat, From 2011 even with all the bear markets Bitcoin has always been on a Bull trend. Who would have thought Bitcoin with a $0.05 price in 2011 would be @ a $69k+ price. Those are just people predicting what they think will happen, some come true some don't, it is no big deal as far as I am concerned.
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All you need do is look at this chat, From 2011 even with all the bear markets Bitcoin has always been on a Bull trend. Who would have thought Bitcoin with a $0.05 price in 2011 would be @ a $69k+ price. Those are just people predicting what they think will happen, some come true some don't, it is no big deal as far as I am concerned.
It doesn't work that way mate... with that logic we are still in the bull run even when the price reaches $1 since it's still higher than $0.05. To determine bull/bear usually use moving average price, for example MA-200 for long-term trends:
(https://i.postimg.cc/jj9DS9Rz/BTC-USD-Yahoo-Finance-Chart.jpg)
Above the line is the bull market and below the line is the bear market.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD.
Not all crypto experts predicted Bitcoin price to fall toward $8k. Some experts still believe that Bitcoin ATL should be above $10k, but they can't predict what the ATL will be.
Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
I assume it is just a temporary increase, it is very possible to drop again below $20k. There is no guarantee that Bitcoin price will continue to increase above $20k. I guess there will be the next dumps in Q4 of 2022 and Q1-Q2 of 2023.
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Not everyone expert prediction is going to be wrong but this time almost so many high prediction peoples will be wrong becasue all the crypto market is going down day by day and this time almost big whales will not be enter in the market if they start invest in the market it will go high.
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As far as I know expert knows prediction still prediction. Assumption to predict the possible thing to occur but not literally exactly what it is need to be seen base on predicted tables. Failing to plan is planning to fail.
Plan and analysis is helpful to possibly anticipate the next that might occur. Volatile still in crypto.
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Now we see that bitcoin has been growing in price lately. Its current price is $24,457. But still, some suggest that there will be another significant drop before it is free to continue to rise and push the entire market up. Even if that happens, I don't think the price of bitcoin will drop even below $15,000, let alone $8,000. But in August and even in September, most likely, both falls and short-term price rises are still possible. Usually, a good growth of cryptocurrencies starts from October.
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There are so many predictions of experts but According to my opinion this bearish season now turned into recovery session. Price of bitcoin increase gradually This bearish season is already in its 9th month and it's gone Now the prices not go down.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
I think we all see bitcoin is recovering again now.
Many people predicted bitcoin will fall until the bottom maybe at 10 K USD, But I think It will never happen.
Bitcoin is still strong.
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I don't think that BTC will rise again...
How did you say that? do you have proof? Say that if you have valid proof so that what you say will be credible no matter what so that what you say will not be shameful. Everyone knows that Bitcoin has the highest chances to increase again or more in the future, which is why many people still buy and hold it for a long time.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
Yeah, I think that predictions is a 50/50 chances, though experts seem to to get it right sometimes but the recent price moves must have taken many by surprise. Crypto is difficult predict and many expert has doing great trying to it closer.
In a nutshell, I don't think that expert are wrong because the bear signs is still around and anything can happen.
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I'm of the belief that we have further to fall also, but you can never be too sure with Bitcoin (and crypto in general).
All I know is it likes to surprise us!
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Crypto experts are the same people who can make mistakes in their forecasts, they have the skill and long trading on the market and they offer trading on the market using their system.
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One is a expert when he is right
It's not possible to be always right
So
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I'm of the belief that we have further to fall also, but you can never be too sure with Bitcoin (and crypto in general).
All I know is it likes to surprise us!
Keep calm mate, I think current market is struggling but it's normal because bearish season.
Sorry, I still believe in bitcoin and other crypto.
I think Bitcoin and altcoin will recover again.
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What wrong with your prediction. bitcoin and altcoins are always volatile, no one can predict the price accurately.
I think It's the advantages of investing in bitcoin and altcoins.
We can gain profit from it.
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I'm of the belief that we have further to fall also, but you can never be too sure with Bitcoin (and crypto in general).
All I know is it likes to surprise us!
It is unlikely that the price of bitcoin will fall as low as $8,000. After such a long bear market, I do not remember a big fall, especially without any significant reason. In addition, recently the price of bitcoin, on the contrary, has been growing quite well and now stands at $24,336. Perhaps the market is already pushing higher prices for ethereum, which is expecting a major upgrade next month.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
The sad reality is that the market is the master and always wins. Even though that the experts have the edge in technical analysis knowledge and situations, it doesn’t mean that they are always correct in their predictions.
No disrespect but this is the truth. The crypto market is unpredictable and it can go up or down anytime without warning, so deal with it.
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It is impossible to predict 100%, and if there is such a situation where a trader knows exactly what to invest in a particular product, he will never tell you about it.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
Seeing that the price of bitcoin has been steadily growing lately, the experts again changed their minds. Now they are already predicting the price growth of bitcoin, as well as the entire market as a whole. Perhaps the growth of the market was influenced by the increase in demand for ethereum before the successful completion of its network upgrade. But the fact is that the market is now slowly growing and this trend may continue.
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It is impossible to predict 100%, and if there is such a situation where a trader knows exactly what to invest in a particular product, he will never tell you about it.
Yeah, no one can predict crypto price accurately.
Maybe we have own prediction but never share to other.
You can join in several VIP group, but I think they couldn't be.
That's the fact
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The changing in its value is reasonable because you all knows that there is not a single coin in crypto market which is constant all the time, sometime there will be increase in the value and perhaps sometime a decrease occurs in its worth. So same is the case with bitcoin no one knows about the actual price they just assume about its worth. There is slight increase and it is evaluated that in next year bitcoin price will go more higher.
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Actually, we cannot consider if the crypto expert's prediction is wrong or true because it is only a prediction. The prediction may meet the reality or not. But in fact, this prediction will not be 100% true. there will be some misses of the reality. But at least, the prediction may help us as consideration of what we will do in the future. We don't need to depend on the prediction but use the prediction for our analysis. Btw, the price of the crypto market right now is falling down because of the bearish era. But, the price will exactly rise up if the bearish era is over and continue to bullish era.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
Today there was an unexpected price drop in the cryptocurrency market. Bitcoin has fallen over the past day by more than 7 percent, and ethereum by more than 10 percent. Of course, there are more price spikes and drops. But ethereum's current drop to $1,625 provides an opportunity for belated investors to grab the coin at a relatively low price before it soars after the successful completion of the two-year upgrade.
However, I do not expect a further significant drop in prices in this market.
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Even if an expert doesn't mean that the prediction will be exactly 100% true. There must be some points different. But as long as the number or amount is closed, why not? But, we must know that prediction is only a prediction that we don't know if this will happen or not. At least, we have such idea to cover what happen to do next
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Experts can't guarantee their predictions, they only guessed the price and it can be wrong. So, if experts' prediction is not as we expected, it is no problem at all because the prediction has an opportunity to go wrong. That's why don't rely on experts' predictions, it is better to trust our own predictions. Experts also are human, they can be wrong and did a mistake.
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
Before now i always believed what crypto experts or analyst had said but I have come to the conclusion that the market at this point is unpredictable cause there are so many reasons to back up my point, seeing that the market is not going exactly the way the analyst said has made it irrelevant to listen to them again.
The only way forward is to keep holding cause I cannot sell at loss rather I currently staked all my tokens on trofi exchange to earn passively as we wait the market recovery.
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Experts often make predictions on the value of bitcoin which may well be true. And neither. Predictions are always made to entice the investor. These predictions may be correct in their prediction. The truth is this. That there are a huge number of crypto millionaires here. Those who earn a lot of money in the beginning. and media - news is transformed by social media into predictions that make investors effective
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The drastic fall in BTC price has made experts assume the price to fall even more up to 8k USD. But, Fortunately, the BTC price has been gradually increasing to today’s price of $23k.
What do you think about it, Does the BTC price prove to them what experts said is wrong?
That's normal during bearish mate, it's not prediction going wrong but as long as bearish almost all of crypto currencies will struggle and have dump deeply.
So, keep calm and do at the right when buy and sell.