Despite the short-term downward trend, Bitcoin’s technical analysis suggests the price is consolidating within a larger uptrend. The recent market correction came after the Federal Open Market Committee (FOMC) meeting, where market reactions suggested this was a shakeout rather than a reversal. CrypNuevo, another analyst, pointed to key support levels, such as $85,000. If Bitcoin falls below this, it could lead to a deeper correction, possibly down to $72,000. On the other hand, the $90,000-$95,000 range has been a strong support level, with significant buying interest emerging during price dips.https://coinmarketcap.com/academy/article/bitcoin-social-sentiment-hits-yearly-low-as-price-faces-correction-signals-potential-recovery-above-dollar100000
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Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.As we know the market is filled with possibilities and anything can likely happened within the shortest range, and we can't give full assurance to what it may gives birth after now. And of course the market can turn down to any point were we can't expects it would be, and for the market to remain this long in one position that means breaking out is so sure within some moments.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
It is usually determined according to the ATH. If ATH is $107,000, a correction of 60% to 80% will determine the bottom. Therefore, the $24,000 levels are the lowest at the moment, or $80,000 to $48,000 if the new ATH is between $100,000 and $200,000.At the time of entering the ETF, we were at about $40k. Then they started to buy en masse, and somehow because of that, I am convinced that it will not go below their investment threshold. Of course, unless they try to manipulate the market by selling heavily to buy on deep later.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
0 since technically it doesn't cost you to own and store bitcoin.From that perspective, it doesn't even cost anything to keep paper money, it can be just an ordinary old shoe box.
Remember how oil went negative back in 2020? If someone would have told you that you would have called him crazy or lunatic.Rather, I would say that Bitcoin retains its value in relation to the inflation that fiat currencies have. For example, 15 years ago, $1000 had a much stronger value than it does today.
Bitcoin is not magical either, it will react to the markets, if nukes start flying it drops like a stone, we enter a recession it will go below it's previous ATH just like it did before, markets are so intercorrelated that any ripple effect will be felt in crypto too, there is no price barrier or anything that will hold if we have a rout as we had before, multiply the events from February 2022 by three 4 times and we will visit those levels in a flash.
0 since technically it doesn't cost you to own and store bitcoin.From that perspective, it doesn't even cost anything to keep paper money, it can be just an ordinary old shoe box.
Rather, I would say that Bitcoin retains its value in relation to the inflation that fiat currencies have. For example, 15 years ago, $1000 had a much stronger value than it does today.
It was 2020 that significantly pushed Bitcoin up. After the initial drop due to the declaration of the pandemic and lockdown, BTC reached the ATH by the end of that year.
At the time of entering the ETF, we were at about $40k. Then they started to buy en masse, and somehow because of that, I am convinced that it will not go below their investment threshold. Of course, unless they try to manipulate the market by selling heavily to buy on deep later.When the price dropped to $15k levels, the average investment of most investors was above $20k, so we can see a correction more than $40k levels.
0 since technically it doesn't cost you to own and store bitcoin.WTI futures contract were but technically this cannot happen to the spot price. For example, on that day Brent price was ~$26.
Remember how oil went negative back in 2020? If someone would have told you that you would have called him crazy or lunatic.
So far, the price of Bitcoin has gone to the lows of $93k and still striving to hold and be above that price. The year is almost ending and a new year kicking off with the administration of President Donald Trump. I think Bitcoin might go to the lowest of $90k or at most $85k, because we are talking about the lows Bitcoin can experience during this little pull back/correction. The time for Bitcoin to go below this price marks is too short. Except the administration of President Donald Trump is not in favor of the crypto industry and Bitcoin.Bitcoin price looks not stable yet and most lower price for today around $93k, looks not close opportunity for bitcoin will drop under $90k but have many flash pump for bitcoin after getting lower price.
I have personally experienced an economy where paper money becomes worthless a week after the first printing, i.e. worth exactly 0 points. Inflation that was measured in thousands of percent per day0 since technically it doesn't cost you to own and store bitcoin.From that perspective, it doesn't even cost anything to keep paper money, it can be just an ordinary old shoe box.
Yes, so has at any time paper money value gone negative?
You asked how low it could go, not how will it be priced after the event that will trigger the dump.OK, I just listed some examples and Bitcoin's susceptibility or resistance to them.
It is usually determined according to the ATH. If ATH is $107,000, a correction of 60% to 80% will determine the bottom. Therefore, the $24,000 levels are the lowest at the moment, or $80,000 to $48,000 if the new ATH is between $100,000 and $200,000.Basing up on history then these are really that potential drops on which this is something that Bitcoin could be able to reach out or goes down but of course we do know that in each year cycle or any possible trend then we dont really know on how deep it would be in speaking about the numbers where Bitcoin could be able to correct and thats why its really that hard to make or draw up some conclusions on whats the current price that we might be able to go down. Thing here is that you do really know at least on what you are doing at the time or moment that it do corrections on which it is to make out some accumulation or buybacks. Never tend to missed that one out because at the time it do happens then you will be having such kind of regret.
WTI futures contract were but technically this cannot happen to the spot price. For example, on that day Brent price was ~$26.
I have personally experienced an economy where paper money becomes worthless a week after the first printing, i.e. worth exactly 0 points. Inflation that was measured in thousands of percent per day
Unless this 107k is already the peak of this bull run then we can assume the lowest could be somewhere around 50k. Normally they see the resistances and support levels are where it might push the price up again but break outs can happen.
If I have to prepare for the worse, 31k will be the lowest point. Beyond this price, I think people will be disappointed already and will leave BTC to the OGs. 17k is tragic for the holders.
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.I am unable to predict the future or provide financial advice. I can only present some of my observations based on the models I am using to track the market.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
If bitcoin gets as low as $17K, I am also scared that many people will lose trust in bitcoin and we might see a reduced number of holders in the future. In the history of bitcoin, there is always a predicted price that even when the bearish market has began, bitcoin won’t go below that price. $17K is such a very low price that many people will be pessimistic about the whole bitcoin thing and would prefer to sell off their holdings. $31K is a more realistic price though even if it is too low in my own opinion to see bitcoin going back to during the bearish season.If Bitcoin price dropped to $17k, people may lose interest in Bitcoin. It is too big decline, people will be afraid to invest in Bitcoin anymore. Considering the current ETH of Bitcoin, it is very unlikely that Bitcoin dropped to $17k. Since Bitcoin crossed $108k, I think the lowest price of Bitcoin in the next bearish season will be above $30k. So, we don't be so worried about the chance of Bitcoin declining again to $17k. It is impossible in my own opinion.
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
History whether it would happen or not again for this year cycle then there's no way that we can tell but probabilities is there on which knowing this market for a decade+ and into its movement then it could have that sharp decline without any valid reasons behind. This is why its not really that shocking if ever this one will happen again if that one happens then tons of people will panic out specially to those who do bought up on the peak and this is something that will likely to happen. Thing or important here is that you do have reserved funds for you to make up some buyback at the moment or time that it do make out some serious correction.OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
well the double top in 2021 say 68k was followed by 15.9 k in 2022.
inorder for me to say what we may retreat to I need to know if 108k was the top without a top picking the low is futile.
We can drop 65% to 85% off the top based on past history
So if 108 was the top 16.2-37.8 could happen based on past history
I am more inclined to think 10k or less or we never go under say 60k
As I think Trump will either really fuck BTC up or really boost BTC
Maybe per month, not even Hungary in 1946 has inflation in the thousands per day, that would mean your country would have had worse inflation by a trillion times than Hungary had the entire year in just a week.OK, I exaggerated a bit, but the numbers were crazy.
This period spanned 22 months, from March 1992 to January 1994. Inflation peaked at a monthly rate of 313 million percent in January 1994.[4] Daily inflation was 62%, with an inflation rate of 2.03% in 1 hour being higher than the annual inflation rate of many developed countries. The inflation rate in January 1994, converted to annual levels, reached 116,545,906,563,330 percent (116.546 trillion percent, or 1.16 × 1014 percent).Source (https://en.wikipedia.org/wiki/Hyperinflation_in_the_Federal_Republic_of_Yugoslavia)
With the US Bitcoin reserve at hand and some other countries that will do the same to have Bitcoin as their reserve, I don't think Bitcoin will go below $20k. It can hang around $40k at least toward the end of the bearish market. Bitcoin has gone high in price for us to begin to think of a lesser price below $20k in the bearish market to comeUnless this 107k is already the peak of this bull run then we can assume the lowest could be somewhere around 50k. Normally they see the resistances and support levels are where it might push the price up again but break outs can happen.
If I have to prepare for the worse, 31k will be the lowest point. Beyond this price, I think people will be disappointed already and will leave BTC to the OGs. 17k is tragic for the holders.
If bitcoin gets as low as $17K, I am also scared that many people will lose trust in bitcoin and we might see a reduced number of holders in the future. In the history of bitcoin, there is always a predicted price that even when the bearish market has began, bitcoin won’t go below that price. $17K is such a very low price that many people will be pessimistic about the whole bitcoin thing and would prefer to sell off their holdings. $31K is a more realistic price though even if it is too low in my own opinion to see bitcoin going back to during the bearish season.
With the US Bitcoin reserve at hand and some other countries that will do the same to have Bitcoin as their reserve, I don't think Bitcoin will go below $20k. It can hang around $40k at least toward the end of the bearish market. Bitcoin has gone high in price for us to begin to think of a lesser price below $20k in the bearish market to comeUnless this 107k is already the peak of this bull run then we can assume the lowest could be somewhere around 50k. Normally they see the resistances and support levels are where it might push the price up again but break outs can happen.
If I have to prepare for the worse, 31k will be the lowest point. Beyond this price, I think people will be disappointed already and will leave BTC to the OGs. 17k is tragic for the holders.
If bitcoin gets as low as $17K, I am also scared that many people will lose trust in bitcoin and we might see a reduced number of holders in the future. In the history of bitcoin, there is always a predicted price that even when the bearish market has began, bitcoin won’t go below that price. $17K is such a very low price that many people will be pessimistic about the whole bitcoin thing and would prefer to sell off their holdings. $31K is a more realistic price though even if it is too low in my own opinion to see bitcoin going back to during the bearish season.
Many people seem to be waiting for Trump's inauguration as if it were some sort of magic date. This doesn't make sense to me.Man, fucking Elon Musk writes a tweet about the DOGE coin, then raises its price 10x. The crypto market is quite susceptible to this kind of manipulation.
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.For me, the lowest price Bitcoin will go is around $73k. As we can see now in the price, the demand is decreasing, maybe there will be a big correction that will happen in Bitcoin soon and go to that area. But it's not certain because it's really far away, but it's not impossible to happen. When the price reach that area, we can see a huge volume because many investors are eyeing on that area.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
I have personally experienced an economy where paper money becomes worthless a week after the first printing, i.e. worth exactly 0 points. Inflation that was measured in thousands of percent per day0 since technically it doesn't cost you to own and store bitcoin.From that perspective, it doesn't even cost anything to keep paper money, it can be just an ordinary old shoe box.
Yes, so has at any time paper money value gone negative?You asked how low it could go, not how will it be priced after the event that will trigger the dump.OK, I just listed some examples and Bitcoin's susceptibility or resistance to them.
That must have been hellish to live through.Yeah, crazy time.
With the US Bitcoin reserve at hand and some other countries that will do the same to have Bitcoin as their reserve, I don't think Bitcoin will go below $20k. It can hang around $40k at least toward the end of the bearish market. Bitcoin has gone high in price for us to begin to think of a lesser price below $20k in the bearish market to comeTruly, dropping to less than $20k in the upcoming bearish period is way too low, and the drop from its ATH is so steep, It doesn't seem like it will drop that much and go that far to the bottom like that. I agree more with the review that maybe BTC will drop around 60-70% from its ATH price, it depends on what the ATH will be. If you look at it from now, it might be between $40k-60k. But again, no one knows what the future holds and whether history will repeat itself with the same pattern as before.
That must have been hellish to live through.Yeah, crazy time.
Imagine, you sit in a bar and order a beer that costs 150, half an hour later you want another one, then it already costs 250, and so on...
One of the additional reasons why I believe in Bitcoin more than any fiat currency.
You wanna hold fiat as savings?That must have been hellish to live through.Yeah, crazy time.
Imagine, you sit in a bar and order a beer that costs 150, half an hour later you want another one, then it already costs 250, and so on...
One of the additional reasons why I believe in Bitcoin more than any fiat currency.
gold and silver and btc seem pretty good.
I also do doge and ltc
You wanna hold fiat as savings?He didn't say that, you got it wrong.
Then be ready to lose its value because when you have it in your bank or at home after some while or maybe a year interval that amount has depreciated and can't worth something reasonable in price. This made me flashed back a relative who was saving for about 6 years now and saved out 10m to our currency, but when decided to use it for a project the cost of materials was hike and he decided to abandoned the project.You can't see it in black and white.
You wanna hold fiat as savings?He didn't say that, you got it wrong.Then be ready to lose its value because when you have it in your bank or at home after some while or maybe a year interval that amount has depreciated and can't worth something reasonable in price. This made me flashed back a relative who was saving for about 6 years now and saved out 10m to our currency, but when decided to use it for a project the cost of materials was hike and he decided to abandoned the project.You can't see it in black and white.
Imagine, you want to store value in Bitcoin. You buy it now for $98k and you urgently need it in 5 months, but then its value is $82k. Regardless of what caused the drop and whether it is temporary, but if you need it right away, you are definitely at a loss.
If you kept fiat, you would have at least the same amount or a few dollars more.
*This is not my advice to present fiat as more reliable, I'm just stating a possible unfavourable scenario due to the fluctuation of the price of Bitcoin.
Actually, Bitcoin is one of the best profitable crypto in cryptocurrency market. We also see that bitcoin price is remain $96k up in this time. But we also know that bitcoin price is increase $106k in few days ago. But in this time bitcoin price is slightly down in crypto currency market. I think that gradually bitcoin price will increase quickly. We also know that US president Donald trump also support in bitcoin, so when he win in election then gradually bitcoin price is increasing. So I think that last of this year bitcoin pass $150k in crypto currency market.You wanna hold fiat as savings?He didn't say that, you got it wrong.Then be ready to lose its value because when you have it in your bank or at home after some while or maybe a year interval that amount has depreciated and can't worth something reasonable in price. This made me flashed back a relative who was saving for about 6 years now and saved out 10m to our currency, but when decided to use it for a project the cost of materials was hike and he decided to abandoned the project.You can't see it in black and white.
Imagine, you want to store value in Bitcoin. You buy it now for $98k and you urgently need it in 5 months, but then its value is $82k. Regardless of what caused the drop and whether it is temporary, but if you need it right away, you are definitely at a loss.
If you kept fiat, you would have at least the same amount or a few dollars more.
*This is not my advice to present fiat as more reliable, I'm just stating a possible unfavourable scenario due to the fluctuation of the price of Bitcoin.
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.In my opinion BTC will never go below $45k or $30k because in the current inflation mining BTC is very expensive and if 1 BTC would go below these target then miners will be making lot of lose. The lowest it can go in severe cases is again $15k but if still no one will buy it at $15k then they would be dumb.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
bitcoin price has been getting more expensive and it is likely that if it drops after the bullish season it will still be at $50K and I also read the prediction that bitcoin price next year ATL is still above $70K. But this is just a prediction.
In my opinion BTC will never go below $45k or $30k because in the current inflation mining BTC is very expensive and if 1 BTC would go below these target then miners will be making lot of lose. The lowest it can go in severe cases is again $15k but if still no one will buy it at $15k then they would be dumb.
The first lowest level for BTC that I consider the most important is $52k and then $32k. I can be wrong, because on the basis of support these don't follow them but just an idea.
bitcoin price has been getting more expensive and it is likely that if it drops after the bullish season it will still be at $50K and I also read the prediction that bitcoin price next year ATL is still above $70K. But this is just a prediction.Although Bitcoin will be getting more expensive but there should be time for bearish season. I think the price of Bitcoin can be below $50k again in the next bearish season. We don't know what news to come in the next few years. So far, there were always news that made Bitcoin drop very significantly during the bearish season. Not sure if it was natural, manipulation, or accidental. But it happened in every bearish season.
The possibility of bitcoin price at $35-40K seems unlikely, I don't know. in my opinion the lower the bitcoin price the higher our chance to buy.
Unless this 107k is already the peak of this bull run then we can assume the lowest could be somewhere around 50k. Normally they see the resistances and support levels are where it might push the price up again but break outs can happen.
If I have to prepare for the worse, 31k will be the lowest point. Beyond this price, I think people will be disappointed already and will leave BTC to the OGs. 17k is tragic for the holders.
Im not really that making myself that anticipating about on how low the price would really be that going because this market is really that unpredictable on which the price will really be that going lower on which it is really that more than on what you had anticipated. If you are really that too optimistic towards the price and on the moment that it will really be making up some correction on which it will really be lower on what you had anticipated then it will really be bringing out that kind of disappointment. Lowest level could really be unknown and there's no way that we can be able to predict on where price will be going so better to go with the flow.bitcoin price has been getting more expensive and it is likely that if it drops after the bullish season it will still be at $50K and I also read the prediction that bitcoin price next year ATL is still above $70K. But this is just a prediction.
In my opinion BTC will never go below $45k or $30k because in the current inflation mining BTC is very expensive and if 1 BTC would go below these target then miners will be making lot of lose. The lowest it can go in severe cases is again $15k but if still no one will buy it at $15k then they would be dumb.
The first lowest level for BTC that I consider the most important is $52k and then $32k. I can be wrong, because on the basis of support these don't follow them but just an idea.
The possibility of bitcoin price at $35-40K seems unlikely, I don't know. in my opinion the lower the bitcoin price the higher our chance to buy.
Although Bitcoin will be getting more expensive but there should be time for bearish season. I think the price of Bitcoin can be below $50k again in the next bearish season. We don't know what news to come in the next few years. So far, there were always news that made Bitcoin drop very significantly during the bearish season. Not sure if it was natural, manipulation, or accidental. But it happened in every bearish season.
Actually, Bitcoin is one of the best profitable crypto in cryptocurrency market. We also see that bitcoin price is remain $96k up in this time. But we also know that bitcoin price is increase $106k in few days ago. But in this time bitcoin price is slightly down in crypto currency market. I think that gradually bitcoin price will increase quickly. We also know that US president Donald trump also support in bitcoin, so when he win in election then gradually bitcoin price is increasing. So I think that last of this year bitcoin pass $150k in crypto currency market.I really don't seems to understand this part of your statement that when he wins bitcoin price will increase in price, how?
I doubt the lowest to be $50k, but I think that the lowest dip on the current bull run should be around $80k, then a continuing bull run to between $120k to $130k. However, we may enter the bear run later this year which can send Bitcoin to the region of $65k levels.It might depend on how high the ATH will be at the end of the bull run peak. Usually, it will drop by a certain percentage from the ATH. If the ATH price is $150k, during a bearish period, it will definitely be at least higher than the previous bearish period. And the $40k-60k figure might be the figure in that range. But there is no guarantee, let's just wait for the peak season of the bull run and altcoin season to reach at first. It will definitely be prompt to our expectation.
In my opinion, the current bull run may change the Bitcoin circle, there are indication that demands is likely to rise, and the situation may give way to what some people call a super circle. However, the bull run will not continue for ever, at some time in near future, the market will go Bearish, it not a a strange situation, but part of the crypto system.
It might depend on how high the ATH will be at the end of the bull run peak. Usually, it will drop by a certain percentage from the ATH. If the ATH price is $150k, during a bearish period, it will definitely be at least higher than the previous bearish period. And the $40k-60k figure might be the figure in that range.if all goes well bitcoin in its bearish period might not even reach $60k or lower and might just stay somewhere in $70k or above nothing is certain for sure but with the potential positive actions towards bitcoin it is possible to see bitcoin not drop too much but in case it does we still need to be prepared for what is ahead
But there is no guarantee, let's just wait for the peak season of the bull run and altcoin season to reach at first.and we would not need to wait that long because i think we will see the peak in only a few weeks time
Although Bitcoin will be getting more expensive but there should be time for bearish season. I think the price of Bitcoin can be below $50k again in the next bearish season.It will not happen, BTC price will not fall below $50k again until the future... even if there is a great bearish moment, a reasonable price for the bottom right now is $60k-$65k.... even if the market goes to that price, there will be a lot of big wall buys waiting at $60k...
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
Im not really that making myself that anticipating about on how low the price would really be that going because this market is really that unpredictable on which the price will really be that going lower on which it is really that more than on what you had anticipated. If you are really that too optimistic towards the price and on the moment that it will really be making up some correction on which it will really be lower on what you had anticipated then it will really be bringing out that kind of disappointment. Lowest level could really be unknown and there's no way that we can be able to predict on where price will be going so better to go with the flow.You are 100% right we can have some estimate that how high market can reach but we can't be 100% even %60 sure that how low it can go as in the last cycle did anyone anticipate that BTC can go as low as $16k in less than 1 year. Well, I had this theory, I will make a topic on that too in few days according to that theory after bull run year passes by 1 year, BTC will make its all time low.
Bitcoin price fluctuations are always big news and it is even more so because of the lack of a discernible and constant trend. Nevertheless at times, when attempting to read the possibilities, the outcome of the analysis as generated may not be a true reflection of what actually happens. However, any attempt put in place to identify these trends and patterns is a good one while making decisions. So, no matter what occurs in the market in future, the paramount point is how we manage not to panic and do not ‘overreact’ to existing shifts. Sometimes prices can rise or even fall or even start to fluctuate and go beyond expectations and that’s when flexibility in taking steps to ensure that every move taken will continue to yield positive benefits. From this journey one hopes to learn a number of things for everyone.Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅Why it won't be below $70k again? I still think Bitcoin is possible to drop below $50k again. But sure it won't be in the near future, it should be in the next year when the bearish season will begin. We know that there should be the end of bullrun season, it will return to the red market again. It doesn't need a very deep analysis about this, we only see the history of the previous cycles. It already happens many times, and the history looks to repeat.
The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅In the previous Bear season I also didn't thought that bitcoin will ever down below the 30k after creating the 69k all time high price. But it does and goes below 15k on the 2022's bear season.
OK, we are in a bull season, we still don't know how long it will go, but it is clear to everyone that at some point there will be a correction. After the previous bull run when BTC touched ATH $74k, we saw a pullback to (if I'm not mistaken) $20k in one brief moment. Last time the resistance point was around $50k. After that, he broke the $100k mark.The crypto market is unpredictable. I don't think there's anyone who has a theory to define where the lowest price Bitcoin can reach this year before the bull run. What we can do is think of accumulating Bitcoin at any low price we find it. But thinking of knowing the exact low price Bitcoin can go this year before the bull run kicks in, is a difficult task that can't be predicted correctly. Anyone predicting the low price Bitcoin could reach is just speculating
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?
The crypto market is unpredictable. I don't think there's anyone who has a theory to define where the lowest price Bitcoin can reach this year before the bull run. What we can do is think of accumulating Bitcoin at any low price we find it. But thinking of knowing the exact low price Bitcoin can go this year before the bull run kicks in, is a difficult task that can't be predicted correctly. Anyone predicting the low price Bitcoin could reach is just speculatingYou know when you hodled enough bitcoin you wouldn't be that compelling to know when the price drop or goes higher. You can only be cared about the number you have accumulated than just thinking how the market goes. And of course you are right because we can't realistically give exactly what the price would be but people are more concerned on what can be able stack up when the price dump, even if history where to repeat itself it's not that certain that it must be so.
I also have the same thought in collecting bitcoin in my wallet, because I only think about the amount. if the price problem with long-term bitcoin holding, we are sure the price of bitcoin will increase. because the longer we hold bitcoin, the more profit we will get.The crypto market is unpredictable. I don't think there's anyone who has a theory to define where the lowest price Bitcoin can reach this year before the bull run. What we can do is think of accumulating Bitcoin at any low price we find it. But thinking of knowing the exact low price Bitcoin can go this year before the bull run kicks in, is a difficult task that can't be predicted correctly. Anyone predicting the low price Bitcoin could reach is just speculatingYou know when you hodled enough bitcoin you wouldn't be that compelling to know when the price drop or goes higher. You can only be cared about the number you have accumulated than just thinking how the market goes. And of course you are right because we can't realistically give exactly what the price would be but people are more concerned on what can be able stack up when the price dump, even if history where to repeat itself it's not that certain that it must be so.
Let's say that for me if it falls below $90k I consider it as a trend reversal and therefore the beginning of its descent even up to $60k as long as it oscillates between $93k and $101k is fine it only lateralizesI don't really get your point but if it drop below $90k and it reaches $60k, I think it means the bullrun season is over already. Honestly, I don't expect this happens very early because I assume most investors still hold their Bitcoin. Many of us are waiting for the Bitcoin price to return above $100k again. People seem to start selling their Bitcoin again if the Bitcoin price can surpass $110k.
Yes, holding bitcoin for long is always the best thing to do and even if we are gradually accumulating bitcoin it doesn't affect us but what we must do is to be sending enough to know when accumulates more as the market isn't that stable. During accumulation process we can think of how long we could hold for the price of soar again, though we can target long term profit depends on our risk level and tolerance index.I also have the same thought in collecting bitcoin in my wallet, because I only think about the amount. if the price problem with long-term bitcoin holding, we are sure the price of bitcoin will increase. because the longer we hold bitcoin, the more profit we will get.The crypto market is unpredictable. I don't think there's anyone who has a theory to define where the lowest price Bitcoin can reach this year before the bull run. What we can do is think of accumulating Bitcoin at any low price we find it. But thinking of knowing the exact low price Bitcoin can go this year before the bull run kicks in, is a difficult task that can't be predicted correctly. Anyone predicting the low price Bitcoin could reach is just speculatingYou know when you hodled enough bitcoin you wouldn't be that compelling to know when the price drop or goes higher. You can only be cared about the number you have accumulated than just thinking how the market goes. And of course you are right because we can't realistically give exactly what the price would be but people are more concerned on what can be able stack up when the price dump, even if history where to repeat itself it's not that certain that it must be so.
Well, I started this topic only two months ago, and now we have a more significant dump. In the last 7 days, the price has slipped by 20%, and now we are below $80k.Today's Bitcoin drop really makes the body hot and cold, the asset dropped quite far because besides Bitcoin other Altcoins also fell.
The $55k predictions now seem much more realistic.
I have 2 predictions in what could be the bottom.Well, I started this topic only two months ago, and now we have a more significant dump. In the last 7 days, the price has slipped by 20%, and now we are below $80k.Today's Bitcoin drop really makes the body hot and cold, the asset dropped quite far because besides Bitcoin other Altcoins also fell.
The $55k predictions now seem much more realistic.
I can't imagine if the price of Bitcoin reaches $ 55k, this is impossible and this will only make Bitcoin holders cry if it really happens.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
I do think it's going up - we will see after the 20th of this month and afterward.
We can't be sure, but we can speculate, and that's all there is to it.
There are no events that would crush the sentiment on the market currently, imo.
Now, there are many analysis, predictions, forecast of the next Bitcoin movements, unfortunately many people are pointing to a continue downward movements, with a dip into the $70k region. However, i think price may bounce hard, probably to $93k level before another downtrends movements in the coming weeks.Have any predicting with bitcoin dip price around $70k but I am not sure yet although bitcoin huge dump in last several days ago but right now bitcoin have faster recovering. After dropping under $78k and bitcoin have been recovery up to $84k just waiting with the moment hit above $100k.
the 0.618 from a Fibonacci Retracement on a weekly time frame which is around the $72,000.This is also what I am expecting for the price to fall back and if we can see confirmations of continuos down trend that might be possible to reach by first or second quarter this year though I am not sure if it reall will but that was just my own speculation.
We will see the determination of close weekly in the next 1 day whether a green candle will be formed that confirms that Bitcoin closes this week with a breakout above $ 80K or not. Because when the price touches the Fliptrend support at $ 78.5k the price goes back to the $ 85K area.the 0.618 from a Fibonacci Retracement on a weekly time frame which is around the $72,000.This is also what I am expecting for the price to fall back and if we can see confirmations of continuos down trend that might be possible to reach by first or second quarter this year though I am not sure if it reall will but that was just my own speculation.
the 0.618 from a Fibonacci Retracement on a weekly time frame which is around the $72,000.This is also what I am expecting for the price to fall back and if we can see confirmations of continuos down trend that might be possible to reach by first or second quarter this year though I am not sure if it reall will but that was just my own speculation.
We will see the determination of close weekly in the next 1 day whether a green candle will be formed that confirms that Bitcoin closes this week with a breakout above $ 80K or not. Because when the price touches the Fliptrend support at $ 78.5k the price goes back to the $ 85K area.I am also hoping same like as you that the market could service even this is going on the worst preparation.
Hopefully it can still survive and the scenario to the price of $ 72K or even lower to the downtrend console will not occur
(https://www.talkimg.com/images/2025/03/01/qOj6J.png)
-snip-Now it just needs to collect more Bitcoin and some of the top altcoins that have enough potential for upside in the next trend.
What I am thinking with this current market is on the panicking and on the fear index and this is the situation the whales want to adopted some bitcoin and when they will entered in this market again in this situation may we will see more higher trend on the market. Now let's see by hodling bitcoin more.
I also see whales playing their role to buy at a cheaper price, because many are panicking by selling their coins cheaply.-snip-Now it just needs to collect more Bitcoin and some of the top altcoins that have enough potential for upside in the next trend.
What I am thinking with this current market is on the panicking and on the fear index and this is the situation the whales want to adopted some bitcoin and when they will entered in this market again in this situation may we will see more higher trend on the market. Now let's see by hodling bitcoin more.
Don't panic about market conditions like this, buying more will give you more profits as well.
Whales play this cycle well, to throw away those who are weak and will only buy them with mura.
then when the time comes a massive pump will occur and will reach a new ATH again which of course makes FOMO even crazier.
I also see whales playing their role to buy at a cheaper price, because many are panicking by selling their coins cheaply.yes I continue to do DCA and I also get in on some potential altcoins. Even a drop like this makes me more excited because I already know how low bitcoin is going down and the profits I'm going to get are also bigger.
better do what you said to buy bitcoin at a lower price, because bitcoin will go up again.
If you still have capital, buy the top coins because that's a good choice.
Now it just needs to collect more Bitcoin and some of the top altcoins that have enough potential for upside in the next trend.Well said. The whale were manipulating marketing just to eat some more bitcoin on dip from the people's in the market. And here if we just control our self then we can make sure our profit in this bull season.
Don't panic about market conditions like this, buying more will give you more profits as well.
Whales play this cycle well, to throw away those who are weak and will only buy them with mura.
then when the time comes a massive pump will occur and will reach a new ATH again which of course makes FOMO even crazier.
Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
Market always in line with the level of demand and any person who is used to witness the fluctuation of the assets’ prices will for sure believe in every direction taken. When prices are cut, it is not only to reduce the figure but the openness to obtain greater satisfaction in the future. Maintaining on the strategy that is set is crucial because it is not ephemeral spikes in an industry and subsequent dips that one seeks to achieve, but increased returns at the end of the day. As we can see, this cycle repeats itself, and that is why if a decision was made with some patience, it would give a more satisfying outcome. To achieve the objectives set for a particular period, it would be pertinent to avoid allowing momentary emotions to sway, this would place us in a better standing later on.I also see whales playing their role to buy at a cheaper price, because many are panicking by selling their coins cheaply.yes I continue to do DCA and I also get in on some potential altcoins. Even a drop like this makes me more excited because I already know how low bitcoin is going down and the profits I'm going to get are also bigger.
better do what you said to buy bitcoin at a lower price, because bitcoin will go up again.
If you still have capital, buy the top coins because that's a good choice.
Now just look at where Whales will make Bitcoin Price go, don't go against it and always think like Whales would be very helpful.
Whales always have a plan to manipulate the crypto market, it is not easy to predict. If the price of bitcoin drops to $ 73K, it's time to buy. We have to be prepared for what will happen, don't panic because the bullish season will still occur until Q3 this year. This is the prediction of many people.Is there any reasonable theory as to where the lowest point is now that Bitcoin will no longer go below?The lowest point I think that Bitcoin will no longer go below is the $70k level that if price will respect the gap on that range. But if not then there will be a continuation that might happen anytime soon. Though i can't be that sure on my analysis but who knows where the price is going. 😅
As far as Bitcoin market is concerned, nothing is certain on the crypto market. Based on my analysis, I have predicted that Bitcoin will not go below $75k region, but with the current market changes, especially the huge supply entering the market, I have adjusted my analysis and predictions, I think it possible to see Bitcoin breaking the $73k support level.
It is very difficult to predict the market, and any thing can happen. There are market makers, or whales who are determined to control the market, they are part of the drawbacks in predicting the market to a satisfactory level.
Whales always have a plan to manipulate the crypto market, it is not easy to predict. If the price of bitcoin drops to $ 73K, it's time to buy. We have to be prepared for what will happen, don't panic because the bullish season will still occur until Q3 this year. This is the prediction of many people.A rhetorical question
-snip-Manipulation will always be done if it is in their favor and until now the market has not been stable and when it goes high enough it will also go down quite deeply.
As well in the previous bull season before the all time high price bitcoin have done like these kinds of market manipulation here I think even bitcoin has just pump and trying to recovering I think still we will see some more manipulation on the market.
Manipulation will always be done if it is in their favor and until now the market has not been stable and when it goes high enough it will also go down quite deeply.I am agreeing with that make the proper use of our money if market on dip rather than not being on panicking and sell our holding bitcoins.
So as a retail trader can only follow them and don't go against the direction, make sure to have spare money to buy back to get cheaper prices and be an opportunity to earn more profits.
Manipulation will always be done if it is in their favor and until now the market has not been stable and when it goes high enough it will also go down quite deeply.In addition to all the indicators so far, we now have another rather uncontrollable one, which is Trump and his casual statements. Unfortunately, he has a rather large influence, which is not good, and I hope that the market will stop being subject to his whims as soon as possible.
In addition to all the indicators so far, we now have another rather uncontrollable one, which is Trump and his casual statements. Unfortunately, he has a rather large influence, which is not good, and I hope that the market will stop being subject to his whims as soon as possible.Actually launching of Trump coin and Melenia coin I think in the market already has decrease his influences. And I think in the future this will be more decrease and when his influence power will be in lower level I think then we are gonna see the bull run again and yes also the new all time high price until now we just have to claim down and hold and buy some more btc when we will find some dip.
A similar thing happened with the Chinese government, which periodically announced the ban as well as the complete regulation and acceptance of cryptocurrencies. Until the market became immune to their FUD.