What is the lowest level for Bitcoin now?

[0t3p0t]

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. 😅

[dave_strider]

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.

[Faisal2202]

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.

So if that theory has been proven right in the last 3 cycle then I think it can be proven right in this one too, I have wrote almost half of that post already once I will complete will be shared, the point is if we can at least pin point the date maybe we can pin point the lowest BTC can go so if we successfully pin point the lowest considering the adoption happening now and excluding the whale selling factor and other bad factors than we can't really predict the lowest under any situation.

[pieppiep]

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. 😅

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.

[UNIVERSE]

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.

[Crypto Library]

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.
So that in my opinion I think on the next bear season bitcoin will definitely come back down to 70k and yes I also think that there is also a high chance of coming around 30k. Although, currently there is no chance of down below the 70k

[NotATether]

I'll put $50 on the price of Btcoin dropping to $75k causing a mega panic before the markets say "hey don't worry, everything is fine" and markets go back to $100k.

Personally, I am very happy with my stash, and you should be too.  We HODLed for this.

[JoyMarsha]

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?

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

[SmartGold01]

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

You 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.

[bitcoin-shark]

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 lateralizes

[rizqillah]

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

You 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.

[UNIVERSE]

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 lateralizes

I 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.

[SmartGold01]

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

You 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.

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.

[examplens]

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.
The $55k predictions now seem much more realistic.

[Vx1]

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.
The $55k predictions now seem much more realistic.

Today's Bitcoin drop really makes the body hot and cold, the asset dropped quite far because besides Bitcoin other Altcoins also fell.
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.