Bitcoin Price under $80k and alts crash soon ?

[dekafee79]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This week everything is bloody because the movement of bitcoin is beyond predictions, it can continue to fall. Will what you say really be proven about the altcoin season? It could happen, but it also could not and there will always be two different sides, and we must remain confident that this is a decline because there is a trigger that is beyond all predictions.
In my opinion, there will be no bear season yet. This is just because there is a trigger factor, and it could increase again, and the altcoin season will still come.

I also believe altcoin season is coming, even though the crypto market is bleeding but I have confidence that this is just a correction because there is negative news about crypto.
I am also still waiting for trump's policy to boost the crypto market, because many investors are hoping for it.

[UNIVERSE]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This is very confusing, I never think we will have a very big dump after we reach $109k. If the bearish season starts, there will be no hope for altcoins season. All the prices of crypto coins will start to drop gradually, there will be no delay for altcoins season. It becomes more strange if we have no altcoins season anymore. Anyway, I still expect that there is no decline below $80k.

[enwi]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This week everything is bloody because the movement of bitcoin is beyond predictions, it can continue to fall. Will what you say really be proven about the altcoin season? It could happen, but it also could not and there will always be two different sides, and we must remain confident that this is a decline because there is a trigger that is beyond all predictions.
In my opinion, there will be no bear season yet. This is just because there is a trigger factor, and it could increase again, and the altcoin season will still come.

I also believe altcoin season is coming, even though the crypto market is bleeding but I have confidence that this is just a correction because there is negative news about crypto.
I am also still waiting for trump's policy to boost the crypto market, because many investors are hoping for it.

Not everything which is anticipated turns out to be right as much as what is expected cannot be controlled by aiming at external factors. Personally, I think that every market behaves in a certain way and it does not make sense to foresee their movement according to expectations. It is too much to give major changes to a certain policy or decision, as there are many more factors, which have an impact on the shifting of the digital assets. We have seen it any number of times how the sentiment that goes through the market does not always turn out to impact within the expected time period. There is also seen an opportunity in it to garner a strong boost but to wholly depend on it is not a way that will make us calmer in the existing circumstances.

[vegasus]

It seems that all predictions about the altcoin season are being disproven with the significant decline in Bitcoin's price. Right now, Bitcoin is already below $90K, almost reaching $85K. If Bitcoin drops below $80K, I think the bearish season has begun, and it looks like the altcoin season will be postponed.

This is very confusing, I never think we will have a very big dump after we reach $109k. If the bearish season starts, there will be no hope for altcoins season. All the prices of crypto coins will start to drop gradually, there will be no delay for altcoins season. It becomes more strange if we have no altcoins season anymore. Anyway, I still expect that there is no decline below $80k.

That's how crypto is, it can skyrocket that fast, but it can also fall that fast too. Usually crypto is in this scheme, it turns out that it is now in that scheme. Sometimes the Bitcoin development scheme is also not fixed, there are some differences that occur this season.

However, keep up the spirit, because disappointment is certain, but continuing to be upset is not good, enjoy all the processes, crypto is actually worthy enough if our choice of coins is right, which can skyrocket again after getting out of this deep correction.

[bayu7adi]

It really touched $78k.... I haven't checked the market price for the last 3 days, and today I was quite surprised to see the BTC price... some information I received, this movement is a price reaction to fill the CME Group gap in November 2024... usually this CME gap is filled a few hours after the event, but this time it took us 3 months to return to that level...

The influence of Bitcoin's macro activity, after touching the $78k-$80k level a few hours ago, there is a high possibility that there will be a price bounce to the $92k level in the next few days...

So are you panic buying or panic selling?

[bitterguy28]

Not everything which is anticipated turns out to be right as much as what is expected cannot be controlled by aiming at external factors.

a lot of our speculations are nothing but speculations until proven or disproven and our speculations could come close to the real thing but in the end there is no way to know possible events that could affect a market like who would have predicted a crypto exchange to be hacked at such a huge extent?

Personally, I think that every market behaves in a certain way and it does not make sense to foresee their movement according to expectations.

well we keep making speculations anyway because it is the next best thing to do so that we can prepare and plan for our next actions in the market

to be sure, you should just have a plan for every possible scenario

[Baofeng]

It really touched $78k.... I haven't checked the market price for the last 3 days, and today I was quite surprised to see the BTC price... some information I received, this movement is a price reaction to fill the CME Group gap in November 2024... usually this CME gap is filled a few hours after the event, but this time it took us 3 months to return to that level...

Yeah, it did, I was out the whole day and haven't check the price, but upon looking at the lowest low in CMC it did go as low as $78k.
.

So are you panic buying or panic selling?

No, just imagine if you panic sell as the price rose back to $85k, but I think there will be the resistance at $88k or $90k. Anyway, I do not see that the bears are going to take over the market. We are technically in the bull run so I'm still expecting the price to recover again and still seeing a new all time high in the last quarter of the year.

[0t3p0t]

It really touched $78k.... I haven't checked the market price for the last 3 days, and today I was quite surprised to see the BTC price... some information I received, this movement is a price reaction to fill the CME Group gap in November 2024... usually this CME gap is filled a few hours after the event, but this time it took us 3 months to return to that level...

The influence of Bitcoin's macro activity, after touching the $78k-$80k level a few hours ago, there is a high possibility that there will be a price bounce to the $92k level in the next few days...

So are you panic buying or panic selling?

$72kish would be very possible if the price still continue to go down and I yhink that would be the deepest drop Bitcoin will go and that might happen this first quarter of the second I've seen this pattern before and maybe it's gonna happen again this time.

[sampoerna]

I also believe altcoin season is coming, even though the crypto market is bleeding but I have confidence that this is just a correction because there is negative news about crypto.
I am also still waiting for trump's policy to boost the crypto market, because many investors are hoping for it.

The point is that we have to be more patient and more patient. Indeed, the struggle in the crypto market is not easy. In fact, we may never know 100% how to predict the future. Therefore, we must always be prepared for all risks, whatever it is, with what we have taken.

When we believe in holding the assets, make sure we are really ready for the risks and must be more than waiting for the real peak of the bullrun and also the altcoin season. Don't panic easily and be influenced by the very uncertain market conditions, especially during a crash like this. Although this is indeed quite difficult to do.

[armanda90]

$72kish would be very possible if the price still continue to go down and I yhink that would be the deepest drop Bitcoin will go and that might happen this first quarter of the second I've seen this pattern before and maybe it's gonna happen again this time.

I don't think would possibility for bitcoin go down until $72 after bitcoin get faster recovering since drop to $78k and today have been success raise to $85. Bitcoin drop depend have Bybit hack case last several weeks ago and hacker success stolen around 400k Eth and huge impact for bitcoin going down drastically.
Depend on hacker will sold their ETH stolen or any exchange will suspend if any deposit on their exchange from hacker address linked with 400k ETH in their wallet. If bitcoin get faster for recovering I believe sooner easy raise up to $100k looking several moment crash always get faster for bitcoin return to higher price back.

[ZAINmalik75]

Yes, this is just a correction, but we have to wait for good news if we target bitcoin to reach ATH $150K.
I have also bought several priority coins to prepare for the price increase after the correction.
There are many coins that I want to buy, but my capital is small, so I can only buy a few coins that I like.

I have not bought much for long term you can count me out and in terms of trading I gave it few chances, but still I am very excited about the market because either we are trading or not we should have all the knowledge and excitement about it if we want to survive in the market I am not doing anything now due to lack of capital because I have to face my expenses.

If I would able to make some capital then these excitement would have given me the experience and knowledge needed to survive the dumps because I can say the current dump pressure must have taken out most of the crypto investors in lose.

[dekafee79]

Yes, this is just a correction, but we have to wait for good news if we target bitcoin to reach ATH $150K.
I have also bought several priority coins to prepare for the price increase after the correction.
There are many coins that I want to buy, but my capital is small, so I can only buy a few coins that I like.

I have not bought much for long term you can count me out and in terms of trading I gave it few chances, but still I am very excited about the market because either we are trading or not we should have all the knowledge and excitement about it if we want to survive in the market I am not doing anything now due to lack of capital because I have to face my expenses.

If I would able to make some capital then these excitement would have given me the experience and knowledge needed to survive the dumps because I can say the current dump pressure must have taken out most of the crypto investors in lose.

Long term hold requires free capital to be able to do it, if we have limited capital we can choose medium term hold and trade on the exchange.
there are many choices that we can do in crypto investment.
And we can also get capital from the rewards we receive by participating in bounty campaigns and airdrops

[Mia Chloe]

Long term hold requires free capital to be able to do it, if we have limited capital we can choose medium term hold and trade on the exchange.
there are many choices that we can do in crypto investment.
And we can also get capital from the rewards we receive by participating in bounty campaigns and airdrops

The current bitcoin pullback we experienced is something I have always speculated based on how fast the pump was especially during the period when trump won the US election and was sworn into office. Before this whole pump scenario happened , there was a period way before now I think around 2024 where for some reason bitcoin pumped back then to 70k plus.

Without even analysing the chart there is a chance that a resistance level was created when that price was reached after which this current trend sold to probably use it as a support.

[rizqillah]

Long term hold requires free capital to be able to do it, if we have limited capital we can choose medium term hold and trade on the exchange.
there are many choices that we can do in crypto investment.
And we can also get capital from the rewards we receive by participating in bounty campaigns and airdrops

The current bitcoin pullback we experienced is something I have always speculated based on how fast the pump was especially during the period when trump won the US election and was sworn into office. Before this whole pump scenario happened , there was a period way before now I think around 2024 where for some reason bitcoin pumped back then to 70k plus.

Without even analysing the chart there is a chance that a resistance level was created when that price was reached after which this current trend sold to probably use it as a support.

when trump was elected president of the US it was indeed a big phenomenon because when trump won the presidential election the price of bitcoin soared and reached ATH.
at this time almost everyone who invests in crypto is waiting for what trump will do after taking office as president of the US so that the price of bitcoin will rise again.

[debra]

I don't think would possibility for bitcoin go down until $72 after bitcoin get faster recovering since drop to $78k and today have been success raise to $85. Bitcoin drop depend have Bybit hack case last several weeks ago and hacker success stolen around 400k Eth and huge impact for bitcoin going down drastically.

I think it is not impossible that Bitcoin will drop more, even it is possible to drop below $70k. I just hope it won't drop to $68k, it will be very difficult to increase to $100k again if it is getting far away. Yes, Bybit hack makes everything looks badly now. Crypto market is in red in few weeks, and I think this red market will last quite long time. Just hope that we have no more bad news. If it happens, it may trigger to early bearish season.