Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: msz900 on November 22, 2022, 10:27:35 AM
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
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I don't think that countries are thinking of placing some restrictions because of the bear condition, it may be on the FTX collapse issues. No country will place a restrictions because of bear market situation, it can happen on other market places like stock, commodities, FX etc.
In addition, BTC may push to near $10k, although many Analysts has also predicted some price renge for it bottoming, and I think that some of these prices are just predictions, remember that it is very difficult to predict Btc, and in crypto, anything can happen.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
Hopefully , it's the bottom and bitcoin will recover again.
All of investors still keep and wait the crypto market.
Several of my friends still believe bitcoin will go down more and more.
Let's see what happens the market will.
Keep calm and buy more if you think It's bottom
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At present, the crypto market is going through a bad phase and there is an atmosphere of panic among the investors. The bankruptcy of FTX has had a huge impact on the market and is going down further, it is difficult to judge how far it will go, and Bitcoin may push below $10K, only time will tell.
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Let's hope that BTC will not be bottoming at $10K because for me that is already very low though there is also a big possibility that from there Bitcoin will be making an acceleration of growth. Anyway, I am as individual is very much hopeless to be making any influence on the crypto market...so I am open to anything. In fact, am now thinking of converting my little BTC to USDT to make sure that by the time it has come to $10K then I can buy some more BTC to prop up my small portfolio. Good luck to all of us and always be careful with this very volatile crypto market.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
The price of bitcoin could fall even lower, down to $10,000. But I don't think it will happen. The effect of bad news is short-term. We remember how at the beginning of the official appearance of the coronavirus in March 2019, the price of bitcoin fell even below $10,000. But over time, the market recovered. He will recover this time.
Governments will not impose restrictions on bitcoin, or on cryptocurrencies in general, just because bitcoin has dropped too much in price. Most likely, states would take restrictive measures when the cryptocurrency market increased too much. A significant outflow of capital from fiat to cryptocurrencies would create a risk for the current global financial system of states.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
Predict the price of Bitcoin is almost impossible because the whole market depend upon the price of bitcoin. No on tell that it's price will be pump or dump. In this situation, price of bitcoin will be pump at $20k at the end of year and also possible it will be below $10k.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
Hopefully , it's the bottom and bitcoin will recover again.
All of investors still keep and wait the crypto market.
Several of my friends still believe bitcoin will go down more and more.
Let's see what happens the market will.
Keep calm and buy more if you think It's bottom
if you look at the global situation with the economic crisis reaching its peak next year, the possibility that bitcoin will continue to fall is an indication of the crisis. it is possible that this year it will decrease or it will stabilize in the range of $ 15K-$ 20K and only next year will start with a drastic decrease. or it will happen before closing this year, everything will still be able to happen but there is too little time because there is only more than 1 month left.
there are not restrictions from many countries but more from purchasing power which is starting to decrease because everyone is thinking about the interests of others, but for those who have more capital of course this is the right time to continue to collect by continuing to buy.
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Anything is possible in cryptocurrency, if BTC can reach the figure of $68K then it can also come at $10K. Currently BTC is trading at $15K, the market is currently in a downtrend and according to forecasters it may continue even further.
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Anything is possible in cryptocurrency, if BTC can reach the figure of $68K then it can also come at $10K. Currently BTC is trading at $15K, the market is currently in a downtrend and according to forecasters it may continue even further.
Yeah, You're right anything can happen in crypto space.
But I personally don't believe bitcoin will dump until 10K USD .
It seems difficult to happen., because many investors still keep hold and wait the bullish season.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
Me too, I also predicted bitcoin go down and reach 10K-12K USD at the next year.
If you have free money buy more when bottom.
I think current bitcoin price doesn't bottom yet.
Wait until the next year
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I don't think that countries are thinking of placing some restrictions because of the bear condition, it may be on the FTX collapse issues. No country will place a restrictions because of bear market situation, it can happen on other market places like stock, commodities, FX etc.
In addition, BTC may push to near $10k, although many Analysts has also predicted some price renge for it bottoming, and I think that some of these prices are just predictions, remember that it is very difficult to predict Btc, and in crypto, anything can happen.
You are quite right about not being able to correctly predict Bitcoins price until we actually see that it happen then we can say that what anybody said was correct. I posted this chat in my previous post today,
(https://i.imgur.com/IrBcrAf.jpg)
we can clearly see where the daily Bitcoins price is headed plus some indicators flashing a future bear continuous trend like what we see from the Stochastic RSI in the overbought zone. From what others have also claimed, the Red line below in the SS proves if Bitcoin were to dip further we are actually looking at a price range of $12k-$10k.
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
This could be some form of negative market speculation and there is no sense for any country to restrict bitcoin because price is pushing on the down trends. Every market fluctuate, even the stock, foreign exchange and commodity markets fluctuate or crashes some times . I don't this information is real, still waiting to see .
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Currently, BTC is down to $15,600 and there is a lot of tension in the trading environment, as many experts are predicting Bitcoin at $10k price which will be the lowest in 2022. one after another crash has occurred in the last few months and it seems that there is also a possibility, that many countries will put restrictions on BTC.
A lot of people are worried at this time that other communities here in cryptocurrency because others think that it will fall more than 10k$ so others hesitate to sell and buy back 10k$ fall, so after a few days it suddenly recovered, and right now the price value is playing between 16k$+ to 17k$+.
And I also think that it will probably take a few months for us to experience this resistance or it could also be a flat movement based on my analysis.
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Deer mates every market is not goes in same direction some time go up , and some time go down direction ,
And its a down season means bearish season in which we need to accumulate btc and crypto and prepare our portfolio for a bullish season , So now we need to but in steps on resistances because of the financial situation is disturbing market gives us many chances to buy low ,
So dont panic of miss the price and make your orders on lower supports .